Shriram Asset Management Finalizes ₹49.65 Lakh Investment in MF Utilities India

1 min read     Updated on 17 Oct 2025, 05:46 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

Shriram Asset Management Company Limited (SAMCL) has completed its investment in MF Utilities India Private Limited, acquiring a 2.22% stake. SAMCL purchased 500,000 shares at ₹9.93 per share, totaling an investment of ₹49,65,000.00. This strategic move aims to strengthen SAMCL's position in the financial services sector, particularly in the mutual fund industry. The transaction was disclosed to BSE Limited in compliance with SEBI regulations.

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Shriram Asset Management Company Limited (SAMCL) has successfully completed its previously announced investment in MF Utilities India Private Limited. The company has acquired a 2.22% stake in MF Utilities India, marking a strategic move in the asset management sector.

Investment Details

Aspect Details
Number of Shares Acquired 500,000
Face Value per Share ₹1.00
Purchase Price per Share ₹9.93
Total Investment ₹49,65,000.00
Stake Acquired 2.22%

Transaction Background

The investment has now been finalized. This move aligns with SAMCL's strategy to strengthen its position in the financial services sector, particularly in the mutual fund industry.

Regulatory Compliance

In compliance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, Shriram Asset Management Company Limited has duly informed the BSE Limited about the completion of this transaction. The disclosure, signed by Kartik Jain, Managing Director & Chief Executive Officer of SAMCL, ensures transparency in the company's operations and keeps shareholders informed about significant corporate actions.

Implications

This investment in MF Utilities India Private Limited could potentially enhance SAMCL's capabilities in mutual fund operations and distribution. While the stake is relatively small at 2.22%, it represents a strategic alignment with a company that provides utilities and services to the mutual fund industry.

The completion of this transaction demonstrates SAMCL's commitment to expanding its footprint in the asset management ecosystem. It remains to be seen how this investment will contribute to SAMCL's overall growth strategy and operational efficiencies in the long term.

Historical Stock Returns for Shriram Asset Management Company

1 Day5 Days1 Month6 Months1 Year5 Years
-0.25%-4.64%-12.14%-10.31%-4.98%+560.20%
Shriram Asset Management Company
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HDFC AMC Reports Strong Q2 Performance, Announces 1:1 Bonus Share Issue

1 min read     Updated on 15 Oct 2025, 03:48 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

HDFC Asset Management Company reported robust Q2 FY26 results with a 24.60% YoY increase in net profit to ₹718.40 crore and a 15.80% rise in revenue to ₹1,027.40 crore. The board approved a 1:1 bonus share issuance, subject to approvals, with a record date of November 26, 2025. Additionally, a final dividend of ₹90 per share for FY25 was declared. The stock closed at ₹5,763 on NSE, gaining over 3% following the announcements.

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Shriram Asset Management Company has reported a robust financial performance for the second quarter of the fiscal year, accompanied by an announcement of a bonus share issuance. The company's board has also approved a significant dividend payout for the previous fiscal year.

Financial Highlights

HDFC AMC demonstrated strong growth in both revenue and profitability for the September quarter:

Metric Q2 FY26 (₹ Crore) Q2 FY25 (₹ Crore) YoY Growth
Net Profit 718.40 576.40 24.60%
Revenue 1,027.40 887.20 15.80%

The company's revenue growth was primarily driven by higher fee income from mutual fund operations and increased investment income.

Bonus Share Issuance

In a move that is likely to be welcomed by shareholders, HDFC AMC's board has approved a bonus share issuance:

  • Ratio: 1:1 (one bonus share for each existing share held)
  • Record Date: November 26, 2025
  • Approval Status: Subject to shareholder and regulatory approvals

Dividend Announcement

HDFC AMC has declared a final dividend for the previous fiscal year:

  • Dividend Amount: ₹90 per share
  • Fiscal Year: FY25

Market Performance

The announcement of strong financial results and the bonus share issuance has positively impacted HDFC AMC's stock performance:

  • Closing Price: ₹5,763 on NSE
  • Intraday High: ₹5,809
  • Daily Gain: Over 3%

HDFC AMC's stock has shown remarkable growth since its initial public offering, multiplying nearly five times from its issue price of ₹1,100 per share.

The company's strong financial performance, coupled with shareholder-friendly actions like the bonus share issuance and dividend payout, reflects its robust position in the asset management industry. These developments are likely to maintain investor interest in HDFC AMC's stock in the near term.

Historical Stock Returns for Shriram Asset Management Company

1 Day5 Days1 Month6 Months1 Year5 Years
-0.25%-4.64%-12.14%-10.31%-4.98%+560.20%
Shriram Asset Management Company
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