Shriram Finance Limited — Others, 11-03-2025: Security Cover Certificate
11-03-2025 · 05:28 pm
IDBI Trusteeship Services Limited, acting as the debenture trustee, has certified the security cover for Shriram Finance Limited as of December 31, 2024. The company maintains a security cover of 1.08 times on borrowed amounts via non-convertible debentures. This certification confirms that the financial information aligns with the company's books and statutory audit findings. The management is responsible for ensuring the accuracy and compliance of the statement.
Investors may view this update positively as it indicates the company's adherence to financial security requirements, reflecting stable governance and potential asset security.
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