Shriram Finance Limited promoter and promoter group entities have filed regulatory disclosures under SEBI takeover regulations regarding the creation of transfer restrictions on shares. The latest disclosure from Shriram Ownership Trust, dated April 17, 2026, pertains to contractual restrictions arising from a shareholders agreement executed with MUFG Bank Ltd on April 8, 2026.

Comprehensive Transfer Restrictions Framework

The transfer restrictions affect multiple promoter and promoter group entities holding a combined 47,76,30,880 shares, representing 20.30% of Shriram Finance's total share capital. These restrictions were created under a shareholders agreement between MUFG Bank Ltd., Shriram Capital Private Limited, Shriram Ownership Trust, Shriwell Trust, Sanlam Life Insurance Limited, Sanlam Emerging Markets (Mauritius) Limited, and Shriram Value Services Limited.

Entity-wise Holdings and Restriction Terms

The disclosures detail specific shareholdings and restriction terms for each affected entity:

Detailed Restriction Framework

For entities subject to three-year restrictions (Shriram Capital Private Limited, Shriram Value Services Limited, Shriram Ownership Trust, and Shriram General Insurance Company Limited), the terms include:

• Lock-in Period: No transfer of shares for 3 years from April 8, 2026, except for certain permitted transfers
• Post Lock-in Restrictions: After the lock-in period, no transfers to any 'Restricted Person' under the shareholders agreement
• Right of First Offer: Any share sale after the lock-in period (except permitted transfers) is subject to MUFG Bank Ltd.'s right of first offer

Sanlam entities (Sanlam Life Insurance Limited and Sanlam Emerging Markets (Mauritius) Limited) face a shorter one-year lock-in period from April 8, 2026, followed by restrictions on transfers to 'Restricted Persons' under the agreement.

Regulatory Filing Details

R Thyagarajan, Trustee of Shriram Ownership Trust, signed the latest disclosure documents on April 17, 2026. The filing was made to Shriram Finance Limited, National Stock Exchange of India Limited, and BSE Limited under Regulation 31(1) read with Regulation 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011.

Termination Provisions

The share transfer restrictions will cease to apply if MUFG Bank Ltd. and its affiliates' shareholding falls below 10% of Shriram Finance's share capital on a fully diluted basis. This provision provides a mechanism for restriction removal based on MUFG Bank's continued significant shareholding. MUFG Bank Ltd., incorporated under the laws of Japan with its registered office at 1-4-5, Marunouchi, Chiyoda-ku, Tokyo, Japan, is the beneficiary of these contractual arrangements.

Shriram Finance Limited has announced a board meeting scheduled for Friday, April 24, 2026, to consider several critical corporate matters including quarterly financial results and dividend recommendations. The company has also scheduled a conference call on the same day to discuss the financial results with stakeholders.

Board Meeting Agenda

The board meeting will address four primary matters of significant importance to stakeholders:

Conference Call Details

Following the board meeting, Shriram Finance will conduct a conference call on Friday, April 24, 2026 at 7:00 PM IST. The management will comment on the financial results for the fourth quarter and financial year ended March 31, 2026.

Management Participation

The conference call will feature senior management including:

• Mr. Umesh G Revankar, Executive Vice Chairman
• Mr. Parag Sharma, Managing Director & CEO
• Mr. S. Sunder, Joint Managing Director & CFO
• Mr. Sanjay K. Mundra, Executive Director

Resource Mobilization Strategy

The company will seek board approval for a comprehensive resource mobilization plan for the financial year 2026-27. The proposed fundraising methods include issuance of redeemable non-convertible debentures on private placement basis, subordinated debentures through private placement and public issue in tranches, external commercial borrowings including bonds and notes, securitization arrangements, and other borrowing methods in both onshore and offshore markets.

Regulatory Compliance

Both the board meeting intimation and conference call notification have been issued under Regulation 29, 30 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notifications were signed by U Balasundararao, Company Secretary & Chief Compliance Officer, ensuring full compliance with regulatory requirements and transparency in corporate communications.