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Shriram Asset Management Company Ltd is in the business of performing asset management of Shriram Mutual FundBusiness Overview: SAMCL is a part of the Shriram Group which has a presence in financial services viz. commercial vehicle, consumer finance, life and general insurance, stock broking, chit funds and distribution of financial...
Shriram Asset Management Company Limited has allotted 1,56,640 new equity shares, each with a face value of ₹10, to four employees. These shares were issued as part of the company's ESOP 2022 scheme, following the exercise of stock options. This allotment increases the company's paid-up share capital from approximately ₹16.98...
Shriram Asset Management Company informs shareholders about a special window opened by SEBI for re-lodgement of physical share transfer requests. This facility, available for one year, allows investors to resubmit requests previously returned due to documentation issues, provided original share certificates are submitted. Cases involving disputes or securities transferred to...
Shriram Asset Management Company has published its financial results for the quarter in leading newspapers. The Audit Committee reviewed these results, which were subsequently approved by the Board of Directors at a meeting. Statutory auditors also completed a limited review. This release ensures timely disclosure of the company's recent performance....
Shriram Asset Management Company's Monitoring Agency Report, prepared by ICRA Limited, confirms that the utilization of proceeds from its INR 105.00 Crore preferential issue is fully aligned with the stated objectives. The company has utilized INR 40.95 Crore of the issue proceeds, with INR 64.05 Crore remaining unutilized. These unutilized...
Shriram Asset Management Company has confirmed that funds raised through its Rs. 105 crore preferential allotment are being used as originally disclosed. For the quarter ended June 30, there was no deviation in the utilization of these proceeds. The company reported deploying funds towards working capital (Rs. 32.11 Cr), business...