Shriram Asset Management Company Limited (SAMCL) has announced the resignation of Reena Yadav from her position as Company Secretary and Compliance Officer. The move comes as Yadav seeks to pursue growth opportunities outside the company.

Key Details of the Resignation

• Effective Date: Yadav will be relieved from her duties at the close of business hours on September 24, 2025.
• Notice Period: The resignation notice was submitted on June 26, 2025, with Yadav serving the notice period as per her employment terms.
• Board Acknowledgment: SAMCL's Board of Directors acknowledged her resignation during a meeting held on July 30, 2025.

Corporate Governance Compliance

In adherence to regulatory requirements, SAMCL has made the following disclosures:

• The resignation was intimated under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• Additional disclosures were provided as per SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Company's Statement

Kartik Jain, Managing Director & CEO of Shriram Asset Management Company Limited, signed the official communication to the BSE Limited regarding Yadav's departure. The company expressed gratitude for Yadav's contributions during her tenure.

About Shriram Asset Management Company Limited

Shriram Asset Management Company Limited, with SEBI Registration No. MF/017/94/4, is headquartered in Mumbai. The company operates in the financial services sector, focusing on asset management services.

This development marks a significant change in SAMCL's key management personnel. The company has not yet announced a successor for the position of Company Secretary and Compliance Officer.

Shriram Asset Management Company Limited (SAMC) has successfully concluded its postal ballot process, with e-voting ending on September 18, 2025. The company's shareholders have approved seven special business resolutions, marking significant changes in the organization's structure and leadership.

Board Appointments and Restructuring

The company has made several key appointments to its board of directors:

• Mr. Pragadasan Shanmugam has been appointed as a Non-Executive & Non-Independent Director, nominated by Sanlam Emerging Markets (Mauritius) Limited.
• Ms. Hakkithimmanahalli Krishna Gayathri and Mrs. Roopa Venkatkrishnan have been appointed as Independent Directors.

These appointments align with the Shareholders Agreement, which grants Sanlam Emerging Markets the right to nominate two non-executive directors to SAMC's board.

Leadership Continuity

Shareholders have approved the re-appointment of Mr. Kartik Jain as Managing Director and Chief Executive Officer of SAMC, reflecting the company's confidence in his leadership and vision.

Corporate Governance and Operational Changes

The postal ballot also saw the approval of amendments to the company's Articles of Association. These changes incorporate provisions governing the rights and obligations of joint promoters Shriram Credit Company Limited and Sanlam Emerging Markets (Mauritius) Limited in relation to the management and conduct of SAMC's business.

Employee Benefits and Compensation

Shareholders have approved:

• The payment of remuneration to Ms. Pratima Talwad, Head of Institutional Sales, who has been appointed in the category of Senior Management Personnel.
• Amendments to the "Shriram Asset Management Company Limited - Employees Stock Option Plan 2022".

These approvals underscore the company's commitment to recognizing and retaining top talent.

Voting Results

All seven resolutions passed with an overwhelming majority, each receiving 99.9998% votes in favor. This strong shareholder support indicates confidence in the company's strategic direction and governance practices.

Reena Yadav, Company Secretary of Shriram Asset Management Company Limited, confirmed the completion of the postal ballot process and the passage of all resolutions in compliance with regulatory requirements.

These corporate actions signal a period of strategic realignment and governance enhancement for Shriram Asset Management Company Limited, as it positions itself for future growth and operational excellence in the competitive asset management industry.