Shriram Asset Management Company Limited has filed its monthly compliance certificate with BSE Limited for the month ended March 31, 2026. The certificate, submitted on April 13, 2026, fulfills the requirements under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The certificate was prepared and submitted by Purva Sharegistry (India) Private Limited, the company's appointed Registrar and Transfer Agent. Vinita Kapoor, Lead - Company Secretary & Legal at Shriram Asset Management Company Limited, signed the submission letter confirming the attachment of the required certificate.

Purva Sharegistry, holding SEBI Registration Number INR000001112 as a Category 1 Registrar, confirmed that all securities received from depository participants for dematerialisation during the month were properly processed within prescribed timelines.

March 2026 Dematerialisation Activity

During March 2026, the company processed dematerialisation requests for a single transaction involving one shareholder:

Transaction Details

The dematerialisation activity for March 2026 included one transaction:

Certificate Processing Confirmation

Purva Sharegistry confirmed that all security certificates received for dematerialisation were properly verified, mutilated, and cancelled after due verification by the depository participant. The names of the depositories were substituted in the register of members as registered owners within the prescribed regulatory timelines.

Ms. Deepali Gaonkar, Compliance Officer at Purva Sharegistry, certified that the securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are listed, ensuring full regulatory compliance.

Company Information

Shriram Asset Management Company Limited operates under SEBI Registration Number MF/017/94/4 and Corporate Identification Number L65991MH1994PLC079874. The company maintains its registered office in Chembur, Mumbai, and head office in Andheri East, Mumbai.

Shriram Asset Management Company Limited has announced the completion of dispatch of its postal ballot notice to seek shareholder approval for a material related party transaction with Shriram Finance Limited. The Board of Directors approved the postal ballot through a circular resolution dated March 25, 2026, as part of the company's office consolidation strategy.

Transaction Details and Business Rationale

The proposed transaction involves the purchase of office furniture and fixtures from Shriram Finance Limited for a maximum consideration of Rs. 60,00,000/- excluding applicable taxes. This transaction is part of the company's plan to consolidate its existing four separate offices in Andheri East, Mumbai, into a single corporate office through the transfer of lease from one of the premises being vacated by Shriram Finance Limited.

Regulatory Framework and Approval Requirements

The transaction qualifies as a material related party transaction under SEBI Listing Regulations, as it exceeds 10% of the company's annual consolidated turnover. The company's consolidated turnover for FY 2024-25 stood at Rs. 1,96,87,042/-, making the materiality threshold Rs. 19,68,704/-. The Audit Committee and Board of Directors have already approved and recommended the transaction through resolutions passed on March 23, 2026, and March 25, 2026, respectively.

Voting Schedule and Process

The remote e-voting process has been structured to ensure maximum shareholder participation:

Members whose names appear in the Register of Members or Register of Beneficial Owners as on the cut-off date are eligible to participate in the remote e-voting process. The company has engaged Central Depository Services (India) Limited as the e-voting service provider, with Mr. Suhas Ganpule appointed as the Scrutinizer for the postal ballot process.

Compliance and Notice Dispatch Completion

The company has completed the dispatch of postal ballot notices to all eligible shareholders. In compliance with Regulations 30 & 47 of the SEBI Listing Regulations, the company has published newspaper advertisements in "Free Press Journal" and "Navshakti" confirming the completion of notice dispatch and providing remote e-voting information.

The postal ballot notice, along with detailed voting instructions, has been made available on the company's website and BSE portal for shareholders who may not have received physical copies.

Commercial Benefits and Strategic Impact

The management has highlighted several commercial advantages of this transaction. The furniture and fixtures are less than 24 months old and in good condition, with an estimated replacement value significantly higher than the purchase price. This represents a cost-efficient approach to office consolidation, allowing the company to acquire quality assets at approximately one-third of their estimated replacement cost.

The transaction is being conducted on an arm's length basis and in the ordinary course of business, supported by independent auditor certification. For Shriram Finance Limited, this transaction represents approximately 0.001% of their annual consolidated turnover for FY 2024-25, based on their turnover of Rs. 41,834.42 crores.

Governance Measures

In accordance with regulatory requirements, no related party will be permitted to vote on this resolution, ensuring independent shareholder decision-making. The company has established helpdesk facilities through CDSL for technical support during the voting process, with contact details provided in the postal ballot notice for shareholder assistance.