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Shriram Finance LimitedQIP/Rights/Pref., 09-04-2025: Allotment of Securities

09-04-2025 · 05:22 pm

The company has allotted 10 million equity shares at an issue price of ₹100 each to institutional investors and promoters. This move aims to bolster the company's capital base and fuel its growth initiatives. The allotment reflects strong demand from key stakeholders, enhancing their stake in the company while providing the necessary funds for strategic projects. The total funds raised through this allotment amount to ₹1,000 Cr, positioning the company for future expansion and operational improvements.

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