Shriram Asset Management Company Ltd — Important, 15-05-2026: Company Update

Shriram Asset Management Company Limited has confirmed that the Rs. 105 crore raised through preferential allotment in April 2025 has been utilized as per its original stated objectives. For the quarter ended March 31, 2026, there was no deviation in the use of these funds across working capital (Rs. 23.42 Cr), business expansion (Rs. 0.27 Cr), and general corporate purposes (Rs. 5.54 Cr). This confirmation, reviewed by the Audit Committee, assures shareholders about the transparent and intended deployment of capital, enhancing trust in the company's financial governance.