Shriram Asset Management Company Limited has submitted detailed voting results and scrutinizer report for its postal ballot proceedings that approved material remuneration payments to key personnel. The company informed BSE Limited on March 17, 2026, completing its regulatory obligations under SEBI LODR Regulations.

Postal Ballot Process and Timeline

The remote e-voting period was conducted over a month-long duration, providing shareholders adequate time to participate in the decision-making process. The voting commenced on Monday, February 16, 2026 at 09:00 A.M. and concluded on Tuesday, March 17, 2026 at 5:00 P.M.

Approved Remuneration Resolutions

Shareholders approved two ordinary resolutions related to remuneration payments for key personnel, both classified as material under Regulation 23(2)(e) of the SEBI LODR Regulations:

• Ms. Vinita Kapoor: Company Secretary and Compliance Officer, designated as Key Managerial Personnel
• Mr. Hitesh Savanth: Principal Officer for Portfolio Management Services (PMS), classified as Senior Management Personnel

Detailed Voting Results

The voting results demonstrate strong shareholder support for both resolutions, with identical voting patterns across both proposals.

Voting Participation Analysis

The voting results show that 36 members voted in favour of both resolutions representing 17166 shares, while only 3 members voted against representing 111 shares. The overall voting participation rate was 0.10% of total outstanding shares.

Regulatory Compliance and Documentation

Scrutinizer Suhas S. Ganpule from SG & Associates conducted the postal ballot process in compliance with Section 108 and Section 110 of the Companies Act, 2013. The e-voting was unlocked at 5:06 P.M. on March 17, 2026 in the presence of two independent witnesses.

As per Regulation 23 of SEBI LODR Regulations, promoter and promoter group entities abstained from voting on these related party transactions. Managing Director and CEO Kartik Jain (DIN: 09800492) digitally signed the submission documents, ensuring complete regulatory compliance and transparency in the postal ballot process.

Shriram Asset Management Company Limited has completed the allotment of 52,312 equity shares to its employees under the Employee Stock Option Plan 2022 (ESOP-2022). The allotment was approved by the company's ESOP Allotment Committee on March 17, 2026, at 11:55 am through a circular resolution.

Share Allotment Details

The company allotted equity shares of face value ₹ 10 each, fully paid-up, to 6 employees who exercised their stock options under the ESOP-2022 scheme. The allotment resulted in an increase in the company's paid-up share capital from ₹ 16,92,83,840 to ₹ 16,98,06,960.

Exercise Price Structure

The shares were allotted at two different exercise price levels, reflecting the varying grant dates and market conditions at the time of option grants.

Regulatory Compliance

The allotment was conducted in compliance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company had initially filed the ESOP scheme statement with BSE Limited on February 04, 2022, under case number 146345.

Share Characteristics

The newly allotted equity shares carry distinctive numbers from 16928385 to 16980696 (both inclusive) and rank pari-passu with existing equity shares in all respects. The shares are issued in demat form and are identical to the company's existing equity shares listed on BSE Limited. No lock-in period applies to these shares, and no additional listing fees are payable for this allotment.