Shriram Finance Limited — QIP/Rights/Pref., 30-06-2025: Allotment of Securities

Shriram Finance has announced a board meeting on July 12, 2025, to consider the financial results for the quarter and half-year. The company allotted 48,500 senior, secured, rated, listed, redeemable NCDs via private placement, raising Rs. 485 Cr at a coupon rate of 9.233% p.a., with interest paid annually. These debentures mature on May 18, 2027, and are secured by company assets. The funds will bolster long-term resources and support lending, refinancing, and working capital needs. Past issuances under the same series total over Rs. 1,368 Cr, indicating steady debt market access.