Shriram Asset Management Company Ltd — Updates, 30-07-2025: Company Update

The company's board has approved the financial results for the quarter, reporting a net loss of ₹2.76 Cr. A significant development is the formal Shareholders' Agreement with Sanlam Emerging Markets (SEMML), which now holds a 23% stake and joint control after a ₹105.00 Cr share allotment. Proposed changes to the Articles of Association will grant SEMML substantial approval rights on major company decisions, subject to shareholder vote. The board also saw multiple leadership changes, including new independent directors, the MD & CEO's re-appointment, and a new Chairman. Three directors have resigned. Shareholders will vote on these proposals via postal ballot.