ALPHA TRIBE

Shriram Finance LimitedQIP/Rights/Pref., 29-05-2025: Allotment of Securities

29-05-2025 | 02:38 pm

The company allotted 5 lakh equity shares to promoters at an issue price of ₹150 per share, raising ₹7.5 Cr. This infusion boosts promoter holding by 1.2%, strengthening their stake. No other class of investors participated. The fund will likely support ongoing expansion plans. No debt was involved, keeping the capital structure stable.

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