Shriram Finance Limited — QIP/Rights/Pref., 06-01-2025: Allotment of Securities

The Allotment Committee of Shriram Finance Limited has approved the issuance of 51,000 senior, secured, rated, listed, redeemable, taxable Non-Convertible Debentures (NCDs) with a total face value of ₹510 Cr. Each NCD is priced at ₹1,00,000, with a fixed annual coupon rate of 8.90%. The funds raised, up to ₹1,000 Cr including a green shoe option, will support asset financing, refinancing existing debt, and general corporate purposes. The NCDs will mature on January 4, 2030, and will be listed on the WDM segment of BSE.