Shriram Asset Management Company Ltd — Results, 30-07-2025: Result

Shriram Asset Management Company's Board approved its financial results for the quarter. A significant update is the execution of a Shareholders' Agreement, establishing Sanlam Emerging Markets (Mauritius) Limited (SEMML) as a co-promoter with Shriram Credit Company Limited (SCCL). SEMML now holds a 23% stake, having invested ₹105 Cr via preferential allotment, and has acquired joint control. The Board also appointed three new directors, re-appointed Kartik Jain as MD & CEO, and named Mr. K.V. Eapen as the new Chairman. Three directors stepped down. These strategic moves bolster governance and align with the new co-promoter structure.