Shriram Finance Limited will host a group meeting with select institutional investors on Thursday, September 17, 2026. The session is part of the 2026 Jefferies India Forum scheduled in Gurugram.

Senior management personnel from the company will attend the discussion. The dialogue will rely on the investor presentation and disclosures already available in the public domain.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereto.

The company confirmed that this information has also been hosted on its official website for broader accessibility.

Shriram Finance allotted ₹2,220 crore of senior secured non-convertible debentures on September 9, 2026, through a private placement. The issuance carries a fixed coupon rate of 7.80% per annum and matures on September 7, 2029.

The Allotment Committee approved the issue during its meeting held on the same date. This tranche represents a further issue under Series SFL PPD 2026-27 SEP 2029, following a prior issuance of ₹1,000 crore in July 2026 under the same ISIN.

Issue Structure and Pricing

The company issued 2,22,000 debentures with a face value of ₹1,00,000 each. The securities were issued at a discount of ₹149.77 per debenture, resulting in a clean price of ₹99,850.23. Including accrued interest of ₹42.74, the dirty price stood at ₹99,892.97 per debenture.

Interest payments are scheduled annually on September 7, 2027, and September 7, 2028, with the final payment due on maturity. The NCDs are rated, listed, and redeemable instruments proposed for listing on the Wholesale Debt Market segment of the BSE.

Utilization of Proceeds

The company stated that 100% of the proceeds will be utilized for refinancing existing rated and listed non-convertible debentures. These existing instruments were originally utilized towards creating the loan portfolio and onward lending, including financing and refinancing of electric vehicles.

What the Numbers Show

The issuance fully exercised the green shoe option attached to the base issue size. The base size was ₹1,000 crore, with a green shoe option of ₹2,000 crore. By allotting ₹2,220 crore, the company raised funds exceeding the base amount by 122%, indicating strong investor appetite or strategic necessity to secure long-term resources beyond the initial target. The effective yield of 7.85% is only 5 basis points higher than the coupon rate, reflecting minimal discounting relative to the face value.