Shriram Finance Limited — Dividend/Bonus, 25-10-2024: Stock split

Shriram Finance Limited reported a 16.37% increase in net interest income and an 18.30% rise in profit after tax for the second quarter of FY25. An interim dividend of 220% (Rs. 22/share) was announced, with a record date of November 7, 2024. The board also approved the issuance of redeemable non-convertible debentures and the proposed sub-division of equity shares from Rs. 10 to Rs. 2 each. Additionally, total assets under management grew by 19.94% year-on-year.