Latest news about Shriram Finance
Shriram Finance
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More news about Shriram Finance
20Jan 26
Shriram Finance Executes ₹29.65 Crore Block Trade on NSE at ₹1,002.80 Per Share
Shriram Finance Ltd. completed a major block trade on NSE worth ₹29.65 crores, involving 295,708 shares at ₹1,002.80 per share. This institutional transaction reflects significant market activity and demonstrates liquidity in the company's shares at the executed price level.
19Jan 26
Shriram Finance Schedules Conference Call on January 23, 2026 to Discuss Q3FY26 Financial Results
Shriram Finance Limited has scheduled a conference call for January 23, 2026 at 7:00 PM IST to discuss Q3FY26 financial results for the quarter ended December 31, 2025. The call will feature senior management including Executive Vice Chairman Umesh G Revankar, MD & CEO Parag Sharma, Joint MD & CFO S. Sunder, and Executive Director Sanjay K. Mundra. Stakeholders can access the call through provided dial-in numbers, and the transcript will be available on the company's website.
16Jan 26
Shriram Finance Board Meeting Scheduled for January 23, 2026 to Consider Q3FY26 Results and Resource Mobilisation
Shriram Finance Limited has scheduled a board meeting for January 23, 2026, to approve Q3FY26 financial results for the quarter and nine months ended December 31, 2025. The board will also consider a resource mobilisation plan for issuing debt securities including NCDs, subordinated debentures, and bonds through private placement or public issue in onshore and offshore markets.
16Jan 26
Shriram Finance Schedules Q3 Results Announcement for January 23
Shriram Finance Limited has scheduled January 23, 2025, for the consideration of its third quarter financial results. This announcement is part of the company's regular quarterly disclosure process, providing stakeholders with advance notice of the results review date.
16Jan 26
Shriram Finance Records ₹21.17 Crore Block Trade on NSE at ₹1000.15 Per Share
Shriram Finance Limited recorded a major block trade on NSE worth ₹21.17 crores involving 211,643 shares at ₹1000.15 per share. This institutional transaction highlights significant market activity and investor interest in the financial services company's stock.
14Jan 26
Shriram Finance Limited Shareholders Approve All Resolutions at Extra-Ordinary General Meeting
Shriram Finance Limited successfully conducted its Extra-Ordinary General Meeting on January 14, 2026, with shareholders approving all three resolutions with strong majority support. The meeting saw participation from 110 shareholders representing 46,99,18,538 equity shares, with voting conducted through video conferencing and electronic means. Key approvals included preferential equity issue (98.50% approval), special investor rights under SEBI regulations (99.46% approval), and non-compete payment to Shriram Ownership Trust (91.94% public shareholder approval).
14Jan 26
Shriram Finance: Almost All Shareholders Approve Special Rights for MUFG Under SEBI Rules
Shriram Finance has received overwhelming shareholder approval for granting special rights to MUFG (Mitsubishi UFJ Financial Group) under SEBI regulations. This significant corporate governance milestone strengthens the strategic partnership between the two financial institutions and is expected to enhance operational capabilities and governance standards.
14Jan 26
Shriram Finance Gets Shareholder Approval for $4.4 Billion MUFG Partnership Deal
Shriram Finance has received comprehensive shareholder approval for its strategic partnership with Japan's MUFG, marking the largest cross-border investment in India's financial sector at $4.4 billion. The deal enables MUFG to acquire a 20% stake with strong shareholder backing across all key proposals including share issuance, board representation, and trust payments.
14Jan 26
CRISIL Assigns AA+/Watch Positive Rating to Shriram Finance's ₹80,000 Crore Fixed Deposit Programme
CRISIL Ratings assigned 'AA+/Watch Positive' rating to Shriram Finance's ₹80,000 crore fixed deposit programme on January 14, 2026, following MUFG Bank's ₹39,618 crore investment announcement for 20% stake. The rating reflects the company's strong market position as India's second-largest retail NBFC with ₹2,81,309 crore AUM, healthy capitalisation with ₹60,404 crore networth, and improving asset quality metrics with Gross Stage 3 ratio at 4.60%.
13Jan 26
Shriram-MUFG Deal: Rating Agencies Upgrade While Proxy Advisors Raise Governance Concerns
The $4.4 billion Shriram Finance-MUFG deal has received positive ratings upgrades from Care Ratings (AAA), Icra (positive watch), and Moody's (positive outlook), with brokerages issuing bullish calls. However, proxy advisors SES and IiAS oppose key resolutions, citing governance concerns over control transfer mechanisms and a $200 million non-compete payment to promoters. Shareholders will vote on three critical resolutions on January 14, including share issuance, controlling rights, and the controversial non-compete arrangement.
13Jan 26
Shriram-MUFG Deal Tests Regulatory Rules on Non-Compete Fee for Promoters
MUFG's $4.4 billion investment in Shriram Finance includes a controversial $200 million non-compete fee to promoters who retain control, raising unprecedented regulatory questions. The arrangement differs from typical M&A transactions and has sparked debate about SEBI's equitable treatment requirements, with proxy advisors split on recommendations.
12Jan 26
Shriram Finance Records ₹46.80 Crore Block Trade on NSE at ₹966 Per Share
Shriram Finance Ltd. executed a major NSE block trade worth ₹46.80 crores involving approximately 484,439 shares at ₹966.00 per share. This substantial institutional transaction highlights significant market activity in the financial services company's equity, typically indicating portfolio rebalancing or strategic investment moves by large institutional participants.
10Jan 26
Moody's Affirms Shriram Finance Ba1 Rating, Revises Outlook to Positive on MUFG Bank Investment
Moody's has affirmed Shriram Finance's Ba1 rating while upgrading the outlook to positive following MUFG Bank's planned ₹396.00 billion investment for a 20% stake. The transaction, expected to close in 2026, will significantly strengthen the company's capital position with TCE/TMA ratio projected to increase from 19.00% to over 29.00%. Moody's expects improved profitability and reduced funding costs by 100 basis points over two years, while maintaining stable asset quality outlook.
10Jan 26
Moody's upgrades Shriram Finance outlook to positive, affirms Ba1 rating
Moody's has upgraded Shriram Finance's outlook to positive from stable while affirming its Ba1 rating, following MUFG Bank's planned ₹4.4 billion investment for a 20% stake. The transaction, expected to close in 2026, is projected to strengthen the company's capital base, improve funding diversity, and enhance risk management. Moody's expects significant metric improvements including debt maturity coverage ratio rising above 90% from 31% and capital ratios remaining above 20% over the next four to five years.
09Jan 26
Moody's Upgrades Shriram Finance Outlook to Positive Following MUFG Bank Investment
Moody's Ratings affirmed Shriram Finance's Ba1 rating and upgraded outlook to positive following MUFG Bank's ₹39,600 crore investment for 20% stake. The transaction will boost TCE/TMA ratio above 29% from 19%, among highest for Indian NBFCs. Moody's expects improved profitability with 100 basis points funding cost decline over two years and enhanced access to global funding channels.
09Jan 26
Shriram Finance Delivers 72% Returns in 2025 Driven by MUFG Partnership and Strong Fundamentals
Shriram Finance Limited delivered exceptional returns of 72.40% in 2025, making it one of the top performers in the Nifty 50 Index. The surge was driven by MUFG Bank's strategic ₹39,620 crore investment for a 20% stake, strong Q2 FY26 financial performance with 18% revenue growth to ₹11,912 crore, and 15.74% increase in AUM to ₹2,81,309.46 crore. With 3,225 branches serving 96.64 lakh customers and positive analyst targets ranging from ₹1,100 to ₹1,225, the company demonstrates strong fundamentals and growth prospects.
09Jan 26
Shriram Finance Allots 1,26,275 Equity Shares to 139 Employees Under ESOP Scheme
Shriram Finance Limited has allotted 1,26,275 equity shares to 139 employees under its ESOP scheme 2023 (No.1) at ₹38.71 per share on January 9, 2026. The allotment increased the company's paid-up share capital from ₹376.27 crores to ₹376.30 crores, with total issued shares reaching 188,14,88,376. The newly issued shares carry a face value of ₹2.00 each and will rank pari-passu with existing equity shares.
09Jan 26
Shriram Finance Records ₹25.56 Crore Block Trade on NSE at ₹985.55 Per Share
Shriram Finance Ltd. executed a major block trade on NSE worth ₹25.56 crores, involving approximately 259,387 shares at ₹985.55 per share. The transaction represents significant institutional activity in the NBFC's stock and indicates large-scale investor participation.
08Jan 26
Shriram Finance EGM to Vote on ₹39,618 Crore MUFG Investment Deal
Shriram Finance has scheduled an EGM on January 14 to vote on a ₹39,618.00 crore capital infusion from MUFG Bank through 20% stake dilution. Three proxy advisors recommend approval of all resolutions, including special rights for MUFG Bank and a $200 million non-compete fee. The deal represents one of India's largest cross-border financial services investments, with voting success dependent on strong institutional investor participation given the 75% approval threshold required.
01Jan 26
Shriram Finance Hits Record High Above ₹1,000 as CARE Upgrades Rating to AAA
Shriram Finance achieved a historic milestone by crossing ₹1,000 for the first time, supported by MUFG's $4.4 billion investment for 20% stake and CARE Ratings' upgrade to AAA from AA+. The company demonstrated strong financial performance with AUM growing to ₹2,81,309 crore and improved capital metrics, leading to positive analyst upgrades across major brokerages.
31Dec 25
Shriram Finance Receives ₹13.04 Crore GST Penalty Order for FY 2018-19 Violations
Shriram Finance Limited has received a penalty order of ₹13,03,53,551 from Commercial Tax Officer, Chennai South for FY 2018-19 GST violations. The violations include input tax credit issues, excess claims in GSTR-3B, and GST on leasehold improvements, related to erstwhile Shriram City Union Finance Limited. The total demand including tax, interest, and penalty amounts to ₹41.80 crores. The company states no material operational impact and is seeking tax consultant opinion on the matter.
31Dec 25
CARE Ratings Upgrades Shriram Finance to AAA Rating with Stable Outlook
CARE Ratings upgraded Shriram Finance's long-term rating from AA+ to AAA with stable outlook on December 29, 2025, one week after the MUFG deal announcement. Motilal Oswal expects similar upgrades from other rating agencies in coming quarters, which should reduce the company's cost of funds and improve financial metrics.
31Dec 25
MCX Shares Rise 3% Near Record High Following Morgan Stanley's 66% Target Upgrade
MCX shares rose over 3% to ₹11,198, approaching their 52-week high of ₹11,218.45, after Morgan Stanley upgraded the stock to Equal Weight with a 66% target price increase to ₹11,135. The upgrade was driven by strong Average Daily Transaction Revenue momentum, particularly from gold and silver volatility contributing 55% to ADTR, with the brokerage raising EPS estimates by 15-24% across FY26-28.
29Dec 25
Shriram Finance Receives AAA Credit Rating for Fixed Deposit Programme
Shriram Finance received AAA; Stable rating for its Fixed Deposit Programme from CARE Ratings on December 30, 2025, building on earlier credit rating upgrades across debt instruments following the strategic partnership with MUFG Bank worth ₹40,000 crores.
28Dec 25
Shriram Finance Details Growth Strategy Following $4.4B MUFG Investment Deal
Shriram Finance management outlined comprehensive growth strategies following MUFG's landmark $4.4 billion investment for 20% stake. The company targets accelerated growth of 18-20% annually, improved ROA of 3.60%, and expects 100 basis points reduction in funding costs over two years, supported by CARE's AAA rating upgrade.
23Dec 25
Citigroup Issues Buy Rating for Shriram Finance with Target Price of ₹1,100
Citigroup has assigned a buy rating to Shriram Finance Limited with a target price of ₹1,100.00 per share. The recommendation reflects the global investment bank's positive outlook on the financial services company's business prospects and market position in the finance sector.
23Dec 25
Morgan Stanley Sets ₹925 Target for Shriram Finance
Morgan Stanley has reaffirmed its overweight rating on Shriram Finance, maintaining a target price of ₹925.00 per share. This rating suggests the investment bank expects Shriram Finance to outperform the market or its sector peers, reflecting confidence in the company's performance potential and strategic positioning.
22Dec 25
Shriram Finance Executive Confirms No Current Banking License Discussions
A Shriram Finance executive has officially confirmed that the company is not currently discussing or planning to become a bank, addressing ongoing market speculation. This clarification provides transparency to investors and stakeholders about the company's strategic direction, emphasizing its commitment to its existing financial services business model.
22Dec 25
CLSA Raises Shriram Finance Target Price to ₹1,030 from ₹840, Maintains Outperform Rating
Global brokerage firm CLSA has significantly increased its target price for Shriram Finance from ₹840 to ₹1,030, while maintaining an Outperform rating. This substantial revision of ₹190 in the target price indicates CLSA's heightened confidence in Shriram Finance's financial performance and growth prospects. The Outperform rating suggests that CLSA expects Shriram Finance to outperform the broader market or sector average.
22Dec 25
Jefferies Raises Shriram Finance Target to ₹1,080, Maintains Buy Rating
Jefferies has reiterated its Buy rating on Shriram Finance while increasing the target price to ₹1,080.00. This decision reflects the brokerage's positive outlook on the company's business performance and market position in the financial services sector. The upward revision in target price suggests Jefferies' confidence in Shriram Finance's fundamentals and growth potential.
22Dec 25
Nomura Raises Shriram Finance Target to ₹1,140, Maintains Buy Rating
Nomura has reaffirmed its Buy rating on Shriram Finance while increasing the target price to ₹1,140. This upgrade reflects the brokerage's positive outlook on the company's performance and growth prospects in the financial services sector.
19Dec 25
Shriram Finance Gets Dual Rating Watch Positive from ICRA and CRISIL on MUFG Deal
Shriram Finance has received dual positive rating actions from ICRA and CRISIL following board approval for MUFG Bank's ₹39,618 crore equity investment. Both rating agencies placed their AA+ ratings on Watch with Positive Implications, covering extensive debt instruments and bank facilities. The transaction will result in MUFG holding 20% stake and is expected to significantly strengthen the company's capitalisation profile with net worth crossing ₹1 lakh crore.
19Dec 25
Shriram Finance Sees ₹91.17 Crore Block Trade on NSE at ₹860.80 Per Share
A significant block trade of Shriram Finance Limited shares occurred on the National Stock Exchange (NSE). The transaction involved 1,059,080 shares at ₹860.80 per share, totaling ₹91.17 crores. This large-volume trade indicates substantial institutional investor activity in the financial services sector.
18Dec 25
Shriram Finance Clarifies No Formal Agreement Exists With MUFG for $5 Billion Investment; Board Meeting Set for December 19, 2025
Shriram Finance has clarified that no formal agreement exists with MUFG for a rumored $5 billion investment for 20% stake, addressing market speculation. The company has scheduled a board meeting for December 19, 2025, to discuss fundraising strategies and evaluate potential investment opportunities. This transparent communication aims to provide clarity to investors amid widespread rumors about the significant foreign investment deal.
17Dec 25
Shriram Finance Receives ₹27.71 Lakh GST Penalty Order from Uttar Pradesh Tax Authorities
Shriram Finance Limited has received a penalty order from Uttar Pradesh tax authorities for GST violations by its erstwhile subsidiary. The order, issued on December 16, 2025, demands a total of ₹6.93 crore, including ₹2.77 crore in tax, ₹1.89 crore in interest, and ₹27.71 lakh in penalties. The violations include short payment of GST, non-payment under reverse charge, and ineligible Input Tax Credit claims. The company is awaiting a tax consultant's opinion and states there are no material impacts on its operations.
17Dec 25
Shriram Finance Clarifies MUFG Investment Rumors, Board Meeting Set for December 19
Shriram Finance has officially responded to market rumors about a potential $5 billion investment by Japan's Mitsubishi UFJ Financial Group (MUFG) for a 20% stake. The company clarified that no binding agreement currently exists with MUFG. Shriram Finance has scheduled a board meeting for December 19 to discuss fund raising initiatives, indicating active exploration of capital raising options without specific commitments.
16Dec 25
Shriram Finance Board to Meet on Dec 19 for Fundraising
Shriram Finance's board of directors will meet on December 19, 2025, to explore potential fundraising opportunities through equity or securities offerings. This strategic initiative aims to evaluate various capital raising options, demonstrating the company's proactive approach to financial management and possible expansion plans.
15Dec 25
MUFG Plans Over 500 Billion Yen Investment for 20% Stake in Shriram Finance
Japanese financial giant MUFG has confirmed its investment plans of over 500 billion yen to acquire approximately 20% stake in Shriram Finance. This represents one of the largest foreign investments in India's non-banking financial company sector, positioning MUFG as a major strategic partner and reflecting strong international confidence in India's financial services growth potential.
03Dec 25
Shriram Finance Shareholders Approve Key Leadership Changes and Rs 35,000 Crore Debenture Issuance
Shriram Finance shareholders approved several important resolutions via postal ballot. Mr. Parag Sharma will be re-designated as Managing Director & CEO from December 5, 2025. Mr. Sunder Subramanian has been appointed as Director and will serve as Joint Managing Director & CFO. The company received approval to issue debentures up to Rs 35,000 crores on a private placement basis. Shriram Finance's financial position shows strong growth with total assets increasing by 23.71% year-over-year to Rs 293,533.00 crore.
24Nov 25
Shriram Finance Allots Rs 250 Crore NCDs at 9.15% Coupon Rate
Shriram Finance Limited has allotted 25,000 Non-Convertible Debentures (NCDs) worth Rs 250 crore. The NCDs offer a 9.15% annual coupon rate, with interest payable annually and maturity set for January 19, 2029. The funds will be used for augmenting long-term resources, onward lending, refinancing existing debt, meeting working capital needs, and other corporate purposes. This move aligns with the company's growth, as reflected in its 23.71% year-over-year increase in total assets to Rs 293,533 crore.
17Nov 25
Shriram Finance Distributes Rs 4.80 Per Share Interim Dividend
Shriram Finance Limited has successfully distributed its interim dividend for FY 2025-26. The dividend rate was 240%, amounting to Rs 4.80 per share with a face value of Rs 2. The record date was November 7, 2025, and the payment was completed on November 17, 2025, ahead of the November 30 deadline. Shareholders listed in the Register of Members as of the record date were eligible. The distribution complies with SEBI regulations and reflects the company's commitment to shareholder value.
14Nov 25
Shriram Finance Soars to Record High of Rs 838, Gains Over 20% in a Month
Shriram Finance's stock reached a record high of Rs 838 on November 12, 2025, rallying over 20% in the past month and 30% in the last three months. The company received two GST penalty orders totaling approximately Rs 14.92 lakh. Shriram Finance has scheduled investor meetings on November 19, 2025, as part of the Morgan Stanley Twenty-Fourth Annual Asia Pacific Summit in Singapore.
11Nov 25
Shriram Finance Boosts Employee Ownership with 1.71 Lakh Equity Share Allotment
Shriram Finance Limited has allotted 171,984 equity shares to 120 employees under its Employee Stock Option Scheme 2023 (No.1). The allotment, made on November 11, 2025, was at an exercise price of Rs. 38.71 per share, with a face value of Rs. 2.00 and a premium of Rs. 36.71. This action increased the company's paid-up share capital from Rs. 3,76,22,16,380.00 to Rs. 3,76,25,60,348.00, and the total issued shares from 188,11,08,190 to 188,12,80,174. The newly issued shares will rank pari-passu with existing shares.
05Nov 25
Shriram Finance Reports 11.39% PAT Growth in Q2FY26, Declares ₹4.8 Interim Dividend
Shriram Finance Limited reported strong Q2FY26 results with profit after tax (PAT) rising 11.39% YoY to ₹2,307.18 crores. Assets under management grew 15.74% to ₹2,81,309.46 crores. Net interest income increased by 11.77% to ₹6,266.84 crores, while net interest margin slightly decreased to 8.19%. Asset quality improved with gross stage 3 assets falling to 4.57% from 5.32%. The company declared an interim dividend of ₹4.8 per share. Disbursements grew 10.24% YoY to ₹43,019.17 crores. Management expects higher growth in Q3FY26, driven by strong October demand across vehicle segments.
03Nov 25
Shriram Finance Refutes Moneycontrol Reports, Cites Market Forces for Price Movement
Shriram Finance Limited has issued a clarification refuting recent reports by Moneycontrol as factually incorrect. The company stated that the increase in its share price on November 3, 2025, was entirely market-driven and not influenced by the management. Shriram Finance had previously issued a similar clarification on October 1, 2025. The company reaffirmed its commitment to good corporate governance and prompt disclosure of material information to stock exchanges.
03Nov 25
MUFG in Talks to Acquire 20% Stake in Shriram Finance
Shriram Finance, a leading Indian NBFC, is in advanced discussions with Mitsubishi UFJ Financial Group (MUFG) regarding a potential 20% stake acquisition. The deal could strengthen MUFG's presence in India and provide Shriram Finance with global expertise and capital. Shriram Finance recently held a board meeting to approve resolutions, including key appointments and the issuance of debt securities. The potential partnership could lead to capital infusion and market expansion opportunities for both entities.
03Nov 25
Shriram Finance Shares Surge 6% on Strong Q2 Results and Positive Broker Ratings
Shriram Finance Ltd (SFL) shares jumped 6% to Rs 794.70 following robust Q2 FY24 results. The NBFC reported a 7% YoY increase in consolidated net profit to Rs 2,314 crore. Total income rose 18% to Rs 11,921 crore, while interest income grew 17.7% to Rs 11,551 crore. Assets Under Management (AUM) increased by 15.7% to Rs 281,000 crore. Asset quality improved with gross NPAs declining to 4.57% from 5.32% and net NPAs reducing to 2.49% from 2.64%. Several brokerages maintained positive ratings on SFL, with target prices ranging from Rs 750 to Rs 870.
31Oct 25
Shriram Finance Reports 11.39% PAT Growth in Q2, Declares Interim Dividend
Shriram Finance Limited (SFL) announced Q2 results with 11.39% YoY increase in PAT to Rs. 2,307.18 crores. NII grew 11.77% to Rs. 6,266.84 crores. AUM rose 15.74% to Rs. 2,81,309.46 crores. Board declared 240% interim dividend. Asset quality showed mixed results with marginal decrease in Gross Stage 3 assets but 10.10% increase in Net Stage 3 assets. Commercial Vehicles remain the largest segment at 45.55% of AUM.
31Oct 25
Shriram Finance Reports 15.74% Growth in Assets Under Management
Shriram Finance Limited announced significant growth for Q2 ended September 30, 2023. Total Assets Under Management (AUM) increased by 15.74% year-over-year to Rs. 2,813,094.60 million. Net Interest Income rose by 11.77% to Rs. 62,668.40 million, while Profit After Tax grew by 11.39% to Rs. 23,071.80 million. The company maintained stable asset quality with a slight decrease in Gross Stage 3 assets. Commercial Vehicles segment led the AUM break-up at 45.55%. The Board declared an interim dividend of 240%, amounting to Rs. 4.80 per equity share.
31Oct 25
Shriram Finance Reports Robust Q2 FY26 Results with 11.39% PAT Growth
Shriram Finance Limited (SFL) announced robust Q2 FY26 results, with net profit rising 11.39% to ₹2,307.18 crore and total income increasing 18.03% to ₹11,916.73 crore year-on-year. Assets Under Management grew 15.74% to ₹2,81,309.46 crore. The company improved its asset quality with Gross Stage 3 ratio decreasing to 4.57%. SFL declared an interim dividend of 240% (₹4.80 per share). The company expanded its branch network to 3,225 and customer base to 96.64 lakh. Growth was reported across various segments including Commercial Vehicles, Passenger Vehicles, MSME Loans, and Personal Loans. SFL maintains a strong capital position with Total CRAR at 20.68% and Liquidity Coverage Ratio at 297.21%.
28Oct 25
Shriram Finance Allots Rs 750 Crore NCDs at 8.70% Coupon Rate
Shriram Finance Limited has allotted 75,000 Non-Convertible Debentures (NCDs) worth Rs 750 crore. The NCDs have a face value of Rs 1,00,000 each, offering an 8.70% fixed annual coupon rate with maturity on April 09, 2028. Priced at Rs 1,07,313.59 per unit, including premium and accrued interest, the NCDs provide an effective yield of 7.50%. This marks the fourth issuance under the same ISIN, following previous issues totaling Rs 1,275 crore. The funds will be used for various purposes including financing assets, refinancing debt, and meeting working capital needs.
01Oct 25
Shriram Finance Refutes Rs 23,200 Crore MUFG Stake Sale Reports
Shriram Finance has officially denied media reports suggesting that Japan's Mitsubishi UFJ Financial Group (MUFG) was in advanced talks to acquire a 20% stake in the company for Rs 23,200 crore. The company stated it has no knowledge of any potential majority stake sale by shareholders and has not been approached by any shareholder expressing intention to sell their shares. Shriram Finance's shares closed nearly 1% higher at Rs 617.00 on the day of the announcement. The company's current shareholding structure shows Promoter Holding at 25.39%, Foreign Institutional at 52.61%, and Domestic Institutional at 16.32%.
26Sept 25
Shriram Finance Injects ₹300 Crore into Subsidiary Shriram Overseas
Shriram Finance has invested ₹300 crore in its wholly-owned subsidiary, Shriram Overseas Investments Limited. The company subscribed to 1,90,25,000 equity shares at ₹157.69 per share. This investment is part of a larger plan to infuse up to ₹500 crore into the subsidiary. Shriram Overseas, engaged in investment activities, reported a turnover of ₹3.26 crore in FY 2024-25. The transaction, while a related party transaction, is exempt from certain SEBI regulations as it's between a holding company and its wholly-owned subsidiary.
04Sept 25
Shriram Finance Boosts Growth Forecast to 17-18% Following GST Reduction
Shriram Finance has increased its growth projection from 15% to 17-18%, citing a recent GST reduction as a key factor. The company anticipates a more favorable business environment, potentially indicating increased consumer demand for financial products and services, cost savings, and enhanced competitiveness in the market.
29Aug 25
Shriram Finance Sees Significant Block Trade on NSE
A significant block trade of 1,629,375 Shriram Finance shares occurred on the National Stock Exchange at Rs. 585.65 per share, totaling Rs. 95.42 crores. This large transaction may indicate substantial investor interest in the company, potentially influencing market sentiment and stock performance.
05Aug 25
Shriram Finance Slashes Fixed Deposit Rates by up to 40 Basis Points
Shriram Finance has reduced interest rates on its fixed deposits and fixed investment plans, effective August 5. The most significant cut of 40 basis points applies to the 36-60 month tenure, with rates dropping from 8.00% to 7.60% per annum. Other maturities saw reductions of 25 to 35 basis points. The 12-month FD rate is now 7.00%. Despite the cuts, the company maintains additional benefits for senior citizens, women depositors, and FD renewals. The minimum investment remains ₹5,000, and the company retains its ICRA]AA+ (Stable) and IND AA+/Stable credit ratings.
30Jul 25
Shriram Finance Unveils Rs 900 Crore NCD Buyback Program
Shriram Finance Limited has approved a repurchase program for its outstanding non-convertible debentures (NCDs) worth up to Rs 900.00 crores. The buyback targets senior, secured, rated, listed, redeemable, taxable NCDs with ISIN INE721A07RU2, set to mature on December 19, 2025. The record date is August 5, 2025, with payment on September 2, 2025. The company will use a first-come, first-served approach, with pricing determined in consultation with debenture holders. If fully accepted, outstanding NCDs would reduce from 154,550 to 64,550.
28Jul 25
Shriram Finance Shares Surge 2.86% on Potential Fundraising Plan
Shriram Finance's stock price rose 2.86% to Rs 633.45, outperforming the NSE Nifty 50. The company's board will consider raising funds through non-convertible debentures via private placement between August 1 and October 31. Trading volume increased significantly. The company recently reported a 6.3% YoY increase in net profit and a 10% rise in net interest income to Rs 5,773.00 crore for Q1. The stock has gained 7.30% over 12 months and 9.32% year-to-date. Out of 41 analysts covering the stock, 35 have buy ratings, with an average price target suggesting a 15.7% upside.
28Jul 25
Shriram Finance Reports 8.8% Profit Growth Amid Margin Pressure
Shriram Finance reported an 8.8% increase in net profit to Rs 2,155.73 crore and a 20.1% rise in total income to Rs 11,541.76 crore. However, net interest margins declined by 14 basis points to 8.1%. Asset quality improved with gross NPA at 4.53% and net NPA at 2.57%. Credit costs reduced to 1.9%, but Stage-2 loans increased by 40 basis points to 7.3%. Analysts maintain positive outlook despite challenges in maintaining margin targets.
25Jul 25
Shriram Finance Reports 8.84% Profit Growth in Q1 FY26
Shriram Finance Limited (SFL) announced robust Q1 FY26 results. Net profit increased by 8.84% to ₹2,155.73 crore. Net Interest Income grew 12.55% to ₹6,026.43 crore. Total income rose 20.11% to ₹11,541.76 crore. Assets Under Management reached ₹2,72,249.01 crore, up 16.62% year-on-year. Asset quality improved with Gross Stage 3 assets decreasing to 4.53%. The company maintains a strong Capital Adequacy Ratio of 20.79%. SFL expanded its network to 3,225 branches and reported progress in digital initiatives with 17.70 million cumulative downloads of the Shriram One App.
25Jul 25
Shriram Finance Reports 16.62% Growth in AUM for Q1
Shriram Finance Limited (SFL) announced robust Q1 financial results. Assets Under Management (AUM) increased by 16.62% year-over-year to Rs. 2,72,249.01 crores. Net profit grew by 8.84% to Rs. 2,155.73 crores, while total income rose by 20.11% to Rs. 11,541.76 crores. Net Interest Income increased by 12.55% to Rs. 6,026.43 crores. The company maintained stable asset quality with improved Gross Stage 3 and Net Stage 3 asset ratios. SFL showed growth across various segments, with notable increases in Farm Equipment, MSME, and Passenger Vehicles. The company serves 97.19 lakh customers through 3,225 branches and 79,186 employees.
25Jul 25
Shriram Finance Reports 8.84% Growth in Q1 FY26 PAT, AUM Reaches Rs 2.72 Trillion
Shriram Finance Limited (SFL) announced its Q1 FY26 results, reporting an 8.84% increase in net profit to Rs 2,155.73 crores. Net interest income grew by 12.55% to Rs 6,026.43 crores. Total Assets Under Management rose by 16.62% to Rs 2,72,249.01 crores. The company's Gross Stage 3 assets decreased by 1.68%, while Net Stage 3 assets increased by 12.07%. SFL's Board approved a debt securities issuance plan and acquired a 100% stake in Shriram Overseas Investments Limited.
11Jul 25
Shriram Finance Approves NCD Buyback and Faces RBI Penalty
Shriram Finance has approved a buyback of its listed Non-Convertible Debentures (NCDs) within specified limits. The repurchased NCDs will be held or redeemed as per the company's decision. Separately, the Reserve Bank of India (RBI) has imposed a penalty of Rs. 2.70 lakh on Shriram Finance for non-compliance with certain provisions of RBI Digital Lending Directions. The company states that the penalty has no material impact and corrective measures have been implemented.
10Jul 25
Shriram Finance Ltd. Witnesses Significant Block Trade Worth Rs. 21.60 Crores on NSE
A significant block trade of 321,006 shares of Shriram Finance Ltd. occurred on the National Stock Exchange (NSE). The transaction was valued at Rs. 21.60 crores, with shares priced at Rs. 672.80 each. This large-scale trade has drawn attention from market observers, potentially signaling shifts in institutional holdings or reflecting large investors' perspectives on the company's stock.
08Jul 25
Shriram Finance to Review Potential NCD Buyback on July 11
Shriram Finance has announced plans to review the possibility of buying back or repurchasing its outstanding Non-Convertible Debentures (NCDs) on July 11. This move suggests the company may be exploring options to optimize its financial structure, potentially aiming to reduce outstanding debt, take advantage of market conditions, lower interest expenses, and improve its overall financial position. The announcement is significant for current NCD holders and potential investors, as it could impact the yield and value of existing NCDs, the company's debt-to-equity ratio, and market perception of its financial health.
18Jun 25
Shriram Finance to Cut FD Interest Rates by up to 40 bps from June 26, 2025
Shriram Finance announces a reduction in Fixed Deposit (FD) interest rates by 30-40 basis points across most tenures, effective June 26, 2025. The 12-month FD rate will decrease from 7.65% to 7.35%, while longer-term FDs (36, 50, and 60 months) will offer 8.00%, down from 8.40%. The company will continue to provide additional benefits for senior citizens, women depositors, and deposit renewals, though specific adjustments were not detailed. Rates for the Fixed Investment Plan (FIP) will also be revised downward.
09May 25
Shriram Finance Acquires Full Ownership of Shriram Overseas Investments
Shriram Finance has completed the acquisition of a 100% equity stake in Shriram Overseas Investments Private Limited (SOIPL) from Shriram Investments Holdings Private Limited (SIHPL). This strategic move aims to strengthen Shriram Finance's portfolio and potentially enhance its overseas investment capabilities. The acquisition could lead to an expanded investment portfolio, strategic growth, and potential synergies with existing operations.
06May 25
Shriram Finance to Acquire Shriram Overseas Investments for ₹501.20 Crore
Shriram Finance has announced the acquisition of Shriram Overseas Investments Pvt Ltd (SOIPL) for ₹501.20 crore. The company also plans to inject additional equity share capital of up to ₹500.00 crore into SOIPL. This strategic move aims to expand Shriram Finance's portfolio and potentially strengthen its presence in overseas markets.
29Apr 25
Shriram Finance Targets 8.5% NIM Amid Q4 Profit Surge and Rate Cut Expectations
Shriram Finance announced Q4 FY25 results with a 9.94% YoY increase in net profit to Rs 2,139.40 crore and a 20.66% rise in revenue to Rs 11,460.20 crore. The company aims to maintain a stable 8.5% net interest margin for the current financial year despite anticipated pressure in FY25. Management expects benefits from recent repo rate cuts within 3-6 months and plans to pass some to customers. Credit costs are projected to remain manageable, reflecting strong risk management practices.
28Apr 25
Shriram Finance: Mixed Analyst Ratings Amid Q4 Results and New Ventures
Shriram Finance announced a 10% YoY increase in Q4 standalone net profit to Rs 2,139.00 crore, with net interest income rising 13% to Rs 6,051.00 crore. However, shares fell 4.77% due to a Rs 2,345.11 crore Gross NPA write-off. The loan book expanded to Rs 2.45 lakh crore, with management guiding 15% loan growth next year. Revenue decreased by 7.30% to Rs 11,460.00 crore, while operating profit grew 6.47% to Rs 8,161.00 crore. The board approved a final dividend of Rs 3 per share, and the company plans to enter the payment services sector pending RBI approval.
25Apr 25
Shriram Finance: Q4 Profit and NII Miss Estimates, Stock Drops 6%
Shriram Finance's Q4 FY24 results show a 9.90% increase in net profit to Rs 2,139.40 crore and a 9.40% rise in Net Interest Income to Rs 5,565.50 crore, both falling short of market expectations. Asset quality improved with GNPA decreasing to 4.55% from 5.38%. The company declared a final dividend of Rs 3 per share. Despite mixed results, the stock closed 6% lower at Rs 655.65 on BSE.
24Apr 25
Shriram Finance: Fixed Deposit Rates to Increase from May 2025, Q4 and FY2025 Results Pending
Shriram Finance Ltd. has announced important dates for financial disclosures and corporate actions. The company will revise its fixed deposit interest rates from May 2, 2025, with the highest effective yield at 9.93% for a 60-month deposit. The board meeting on April 25, 2025, will address Q4 and FY2025 financial results, final dividend consideration, and resource mobilization plans for FY2026. A trading window closure is in effect, and an earnings call is scheduled for April 25, 2025, at 7:00 PM.
22Apr 25
Shriram Finance Shares See Significant Block Trade on NSE
A significant block trade of 468,720 shares of Shriram Finance Ltd occurred on the National Stock Exchange at Rs. 704.75 per share, totaling Rs. 33.03 crore. This large transaction suggests potential shifts in institutional holdings or strategic moves by major investors. The identities of the involved parties remain undisclosed.
10Apr 25
Shriram Finance Announces Board Meeting for Q4 Results, Dividend, and Fund-Raising Plans
Shriram Finance Limited has scheduled a board meeting for April 25, 2025, to discuss Q4 and FY2025 financial results, potential dividend recommendation, and approval of a resource mobilization plan for FY2025-26. The plan includes issuing debt securities, exploring offshore bonds, and considering equity fund-raising options through various methods. The meeting will also address preparations for the 46th Annual General Meeting.
09Apr 25
Shriram Finance Seeks RBI Approval for Standalone Primary Dealership
Shriram Finance, a leading NBFC, has applied for a standalone primary dealership license from the Reserve Bank of India. If granted, this license would allow the company to participate directly in government securities auctions, engage in secondary market trading, and underwrite government securities. This move indicates Shriram Finance's intent to expand its market presence, diversify revenue streams, and strengthen its position in the debt market. The application is subject to RBI approval, which will evaluate factors such as financial strength, risk management capabilities, and market expertise.
08Apr 25
Shriram Finance Eyes Expansion with Bid for Standalone Primary Dealership License
Shriram Finance has applied for a standalone primary dealership license from the Reserve Bank of India (RBI). If granted, this license would allow the company to participate in government securities auctions, engage in trading activities, and offer a wider range of financial products. This move aims to expand Shriram Finance's market presence, diversify revenue streams, and enhance its position in the financial services sector. The application is currently under review by the RBI.
08Apr 25
Shriram Finance Shares Worth ₹85.64 Crore Change Hands in Block Deal
Shriram Finance Ltd experienced a significant block trade on the NSE, involving 1,337,462 shares at ₹640.35 per share, totaling ₹85.64 crore. This large transaction in the NBFC's stock suggests potential shifts in stakeholder positions or strategic investments, though specific details and parties involved remain undisclosed.
07Apr 25
Shriram Finance Ltd. Witnesses Significant Block Trade Worth Rs. 18.95 Crores on NSE
A significant block trade of 313,094 shares of Shriram Finance Ltd. occurred on the National Stock Exchange (NSE) at Rs. 605.40 per share, totaling Rs. 18.95 crores. This large transaction has drawn market attention, potentially signaling shifts in institutional holdings or investor perspectives on the stock.
02Apr 25
RBI Approves Shriram Finance's Acquisition of SOIPL, Expanding Its Financial Services Portfolio
The Reserve Bank of India (RBI) has granted approval for Shriram Finance Limited to acquire a 100% stake in Shriram Overseas Investments Private Limited (SOIPL) from Shriram Investments Holdings Private Limited. The approval, dated April 1, 2025, allows for the appointment of Umesh Revankar and Parag Sharma to SOIPL's board. This acquisition, initially proposed on April 26, 2024, is subject to RBI-specified conditions and is expected to expand Shriram Finance's operational scope in the financial services sector.
01Apr 25
Shriram Finance Secures RBI Approval for 100% Acquisition of SOIPL
Shriram Finance Limited has received RBI approval to acquire 100% equity stake in Shriram Overseas Investments Private Limited (SOIPL) from Shriram Investments Holdings Private Limited. The approval, dated April 1, 2025, also includes the appointment of Umesh Revankar and Parag Sharma as Directors on SOIPL's board. This acquisition, initially approved by Shriram Finance's Board on April 26, 2024, is expected to expand the company's financial services offerings and strengthen its market presence.
17Mar 25
Shriram Finance Secures Over $306 Million in Landmark Funding from Development Financial Institutions
Shriram Finance Limited has secured over $306 million through External Commercial Borrowings from institutions including ADB, JICA, and Exim Bank of India. The funds will support MSMEs, finance electric and low-emission vehicles, and aid women-led enterprises. This is part of SFL's $2.8 billion offshore funding raised this fiscal year, reinforcing its position in structured finance and sustainable funding initiatives.
07Mar 25
Shriram Finance Secures Ba1 Rating from Moody's, Signaling Strong Financial Position
Moody's Investors Service has assigned a first-time Ba1 long-term corporate family rating (CFR) with a stable outlook to Shriram Finance Limited (SFL), India's second-largest retail-focused non-bank financial institution. The rating reflects SFL's highly profitable franchise, strong capital position, long track record, and diversified funding sources. Key financial metrics show improvements in asset quality, profitability, and capital strength. The stable outlook indicates expected consistency in credit quality, with potential for upgrade based on improved liquidity while maintaining other key metrics.
06Mar 25
Moody's Assigns Ba1 Rating to Shriram Finance, Signaling Stable Outlook
Moody's Investors Service has assigned a first-time Ba1 long-term corporate family rating with a stable outlook to Shriram Finance Limited. This rating enhances the company's credibility in global financial markets and may lead to better borrowing terms. Shriram Finance has also scheduled meetings with international institutional investors in London, indicating active engagement with global investors. The company continues to maintain transparency through regular filings and disclosures.
05Mar 25
Shriram Finance Sees Significant Block Trade on NSE
A substantial block trade of approximately 684,514 Shriram Finance Ltd. shares was executed on the National Stock Exchange. The transaction, valued at Rs. 43.24 Crores, was priced at Rs. 631.75 per share. This significant trade could potentially impact the stock's trading pattern and liquidity in the short term. Shriram Finance Ltd., formed through the merger of Shriram Transport Finance Company and Shriram City Union Finance, is a major player in the Indian financial services sector, focusing on vehicle financing and small business loans.
24Feb 25
Shriram Finance Witnesses Significant Block Trade Worth ₹17.91 Crore on NSE
A significant block trade of 309,873 shares of Shriram Finance Ltd. occurred on the National Stock Exchange at ₹578.05 per share, totaling ₹17.91 crore. This transaction has drawn market attention due to its size and potential implications for institutional holdings or investor sentiment towards the company.
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