Shriram Asset Management Company Ltd — Updates, 30-07-2025: Company Update
30-07-2025 | 07:42 pm
30-07-2025 | 07:42 pm
Shriram Asset Management Company has announced the outcomes of its board meeting. The financial results for the quarter ending June 30, 2025, reflect a loss after tax of (2.76) Cr, with earnings per share at (1.73). A significant development is the approved Shareholders' Agreement with Sanlam Emerging Markets (Mauritius) Limited (SEMML). Following its ₹105.00 Cr investment for a 23% stake, SEMML is now a co-promoter, securing joint control and approval rights on key company matters. To align with this, the board has approved new director appointments, the re-appointment of the MD & CEO, and a change in Board Chairman, subject to shareholder approvals.
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