Shriram Asset Management Company Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 15, 2026. Pursuant to Regulation 47(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company subsequently published the audited financial results in the newspapers 'Free Press Journal' and 'Navshakti' on May 16, 2026. The company reported a net loss for the fiscal year, widening from the previous year, and announced that it would not recommend any dividend for the period.

Financial Performance

The company reported a total income of ₹1,220.29 lakh for the year ended March 31, 2026, compared to ₹675.46 lakh in the previous year. Total expenditure for the year stood at ₹3,240.56 lakh, significantly higher than the ₹2,313.41 lakh recorded in the prior year. Consequently, the company reported a net loss of ₹2,030.99 lakh for FY26, compared to a net loss of ₹1,651.22 lakh in FY25.

For the quarter ended March 31, 2026, Shriram Asset Management Company posted a net loss of 79M rupees against a net loss of 52M rupees in the same quarter of the previous year, reflecting a year-on-year deterioration. Quarterly revenue stood at 7.6M rupees compared to 6M rupees in the corresponding prior-year period.

Key Financial Metrics

The following tables summarize the key financial figures for the annual and quarterly periods:

Regulatory Compliance

In compliance with Regulation 47(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company filed copies of the published newspaper advertisements with BSE Limited on May 16, 2026. The filing was signed by Vinita Kapoor, Lead – Company Secretary & Legal, and the results statement was authorised by Kartik Jain, Managing Director & Chief Executive Officer. The Statutory Auditors of the company have expressed an unmodified opinion on the financial results.

Board Meeting Decisions

In addition to approving the financial results, the Board took note of the continuance of M/s. G. D. Apte & Co. as Statutory Auditors. The Board also decided that the 32nd Annual General Meeting of the Company will be held on Tuesday, July 28, 2026. The company confirmed that no dividend has been recommended for the period under review.

Shriram Asset Management Company Limited has successfully completed the submission of voting results for the postal ballot conducted to seek shareholder approval for a material related party transaction with Shriram Finance Limited. The resolution was passed with requisite majority and deemed to be approved on April 25, 2026, the last day of the e-voting period. The company submitted the detailed voting results and scrutinizer's report to BSE Limited under Regulation 44(3) of the SEBI Listing Regulations.

Postal Ballot Timeline and Process

The remote e-voting process was conducted over a comprehensive period to ensure maximum shareholder participation. The voting timeline was structured as follows:

Voting Results Summary

The postal ballot received participation from 42 shareholders, with the resolution securing overwhelming approval from public shareholders. Promoters and promoter group entities did not participate in voting as per Regulation 23 of SEBI Listing Regulations, which prohibits related parties from voting on such transactions.

Approved Transaction Details

The shareholders approved a material related party transaction involving the purchase of office infrastructure from Shriram Finance Limited. The transaction encompasses office furniture and fixtures (both movable and immovable items), interior works and modifications, electrical fittings and related installations, and associated consideration for complete office setup.

Scrutinizer Report and Regulatory Compliance

Suhas S. Ganpule, Practicing Company Secretary from SG & Associates, was appointed as the scrutinizer to conduct the postal ballot process in a fair and transparent manner. The e-voting system was unlocked at 5:08 P.M. on April 25, 2026, in the presence of two independent witnesses, Ms. Madhuri Bohra and Mr. Rajesh Nayak. The scrutinizer confirmed that Resolution 1 was passed by shareholders with requisite majority and deemed to be passed on April 25, 2026. All relevant records relating to electronic voting were sealed and handed over to the Managing Director & Chief Executive Officer for safe keeping. The voting results and scrutinizer's report have been uploaded on the company's website at www.shriramamc.in and on CDSL's website at www.evotingindia.com .

Company Information