ALPHA TRIBE

Shriram Asset Management Company LtdUpdates, 27-05-2025: Company Update

27-05-2025 | 09:58 am

Shriram Asset Management Company Limited has announced a strategic investment by Sanlam, South Africa’s largest asset manager with $80bn in assets under management. Sanlam has acquired a 23% stake through a ₹105 crore equity infusion, becoming co-promoter alongside Shriram Credit Company Limited and increasing total promoter holding to 71.17%. This partnership will strengthen Shriram AMC’s quantamental investing approach, support product innovation, and help attract top talent, enhancing its competitive position in India’s growing mutual fund industry. The collaboration builds on a 20-year relationship between Shriram Group and Sanlam across financial services.

No comments yet. Be the first to comment!

All announcements from Shriram Asset Management Company Ltd