Shriram Asset Management Seeks Shareholder Approval for Board Changes and ESOP Amendments Aug 18, 2025
More news about Shriram Asset Management Company
30Jul 25
Shriram Asset Management Undergoes Major Board Restructuring and Inks Shareholders' Agreement with Sanlam
Shriram Asset Management Company Limited (SAMC) has completed a preferential allotment of shares to Sanlam Emerging Markets (Mauritius) Limited (SEMML), making SEMML a 23% stakeholder and co-promoter. A new Shareholders' Agreement was approved, restructuring the board with new appointments and resignations. Mr. Kartik Jain was re-appointed as Managing Director and CEO. The company also reported a loss after tax of ₹275.76 lakhs for the quarter ended June 30, 2025.
24Jul 25
UTI AMC Reports 6.6% Drop in Q1 Profit Despite Revenue Growth
UTI AMC's Q1 results show a 6.6% decrease in profit to ₹237.00 crore, while revenue increased by 2.8% to ₹547.00 crore. Total group AUM reached ₹21.93 lakh crore, with UTI Mutual Funds averaging ₹3.61 lakh crore. CEO Imtaiyazur Rahman noted significant AUM growth and steady SIP inflows. The company's shares closed 3.6% lower at ₹1,417.00 on NSE, but maintain a 3.75% year-to-date gain.
27May 25
Shriram AMC Welcomes Sanlam as Co-Promoter, Shares Surge 11%
Shriram Asset Management Company completed a preferential allotment of 38.89 lakh shares to Sanlam Emerging Markets, raising ₹105.00 crore. Sanlam now holds a 23.00% stake, increasing total promoter shareholding to 71.17%. The board will be reconstituted to include Sanlam representatives. Shriram AMC's shares surged 11.00% in response to the news.
28Apr 25
Shriram Asset Management Reports Widening Q4 Loss Amid Revenue Growth
Shriram Asset Management reported a net loss of ₹52.00 crore for Q4 FY2025, doubling from ₹24.00 crore in the previous year. However, revenue doubled to ₹6.00 crore. Annual results show increased expenditure leading to higher losses. The company's asset management services grew, with segment revenue rising to ₹196.87 lakhs in FY2025. A recent preferential allotment raised ₹105.00 crore, and an employee stock option plan was approved.