Shriram Finance Limited — Updates, 24-01-2025: Press Release

**Company Announcements Summary:**

The Board of Directors of Shriram Finance Limited convened a meeting, determining several key outcomes. The company has approved the unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2024, reporting a significant growth in net interest income by 14.31% year-on-year. A second interim dividend of 125% (Rs. 2.50) was declared, with a record date set for January 31, 2025. The company also outlined a resource mobilization plan, planning to issue debt securities from February 1 to April 30, 2025. Additionally, SPNP & Associates has been appointed as Secretarial Auditor for the financial year 2024-25. Notably, the company recognized a one-time gain of Rs. 1,489.39 crore from disinvesting its stake in Shriram Housing Finance Limited, contributing to a profit after tax of Rs. 3,569.76 crore for the quarter.

Investors may find the interim dividend and improved profitability encouraging, signalling a robust financial health and strategic direction.