Shriram Finance Limited — Others, 27-06-2025: Security Cover Certificate

Shriram Finance Limited has announced a security cover certificate confirming that the security cover for its outstanding non-convertible debentures (NCDs) stands at 1.08 times based on audited financials for the year ended March 31, 2025. The certificate verifies that assets charged as security include loans (₹245,393 Cr book value), investments (₹15,599 Cr), cash/bank balances (over ₹21,000 Cr combined), and property assets. This strong security cover assures investors that Shriram Finance maintains adequate asset backing for its listed debt securities, reflecting prudent risk management and financial health.