Shriram Finance Limited — QIP/Rights/Pref., 08-11-2024: Allotment of Securities

Shriram Finance Limited has approved the allotment of 10,000 senior, secured, rated, listed, redeemable, taxable Non-Convertible Debentures (NCDs) through private placement, totaling Rs. 100 Crores, with a green shoe option of Rs. 200 Crores. The NCDs have a fixed coupon rate of 8.9267% per annum, maturing on July 20, 2027. Proceeds will enhance long-term resources and support financing and working capital requirements. The NCDs will be listed on the BSE's WDM segment.