Shriram Asset Management Company Ltd — Others, 30-06-2025: AGM/EGM

Shriram Asset Management Company Limited has announced a board meeting on July 29, 2025, to consider the financial results for the quarter and half-year, appointment of a Secretarial Auditor for a five-year term, renewal of related party transactions with Sea Fund Management India Private Limited for customized research services valued at ₹2 Cr per annum, and revision in the remuneration of Managing Director and CEO Mr. Kartik Jain effective from April 1, 2025, reflecting a basic salary of ₹50.4 Lakh per annum with additional allowances and benefits. The company continues its focus on expanding assets under management, with AUM increasing by 67% to ₹895.72 Cr in FY 2024-25, while incurring losses due to ongoing investments in business growth.