NSE Symbol

SHRIRAMFIN

Key Quantitative Figures

Option 1 - Series SFL PPD 2026-27 SEP 2029:

  • Base issue size: ₹1,000 Crores
  • Allotment Size: 1,00,000 NCDs
  • Face Value per NCD: ₹1,00,000/-
  • Issue Price per NCD: ₹1,00,000/-
  • Coupon Rate: 7.80% p.a. fixed
  • Tenor: 3 years 1 month 29 days
  • Maturity Date: September 07, 2029
  • Interest Payment: Annually on September 07, 2026; September 07, 2027; September 07, 2028; and at maturity

Option 2 - Series STFCL PP 2021-22 K-05 Further Issue 1:

  • Base issue size: ₹500 Crores with green shoe option of ₹500 Crores
  • Allotment Size: 10,000 NCDs
  • Face Value per NCD: ₹10,00,000/-
  • Clean Price per NCD: ₹10,03,370/-
  • Accrued Interest: ₹42,301.37
  • Dirty Price: ₹10,45,671.37
  • Coupon Rate: 8.00% p.a. fixed
  • Tenor: 5 years 5 months 17 days
  • Maturity Date: December 26, 2031
  • Interest Payment: Annually on December 28, 2026; December 28, 2027; December 28, 2028; December 28, 2029; December 28, 2030; and at maturity

Dates of Action

  • Date of Allotment: July 09, 2026 for both series
  • Committee Meeting Date: July 09, 2026

Parties Involved

  • Issuer: Shriram Finance Limited
  • Regulatory Authorities: BSE Limited, National Stock Exchange of India Limited

Purpose/Rationale

The proceeds from the issue will be utilized for:

  • Augmenting the long-term resources of the Company (after meeting issue-related expenditures)
  • 100% of proceeds will be utilized in accordance with statutory and regulatory requirements including RBI requirements
  • Financing of all asset classes, onward lending, refinancing of existing debt
  • Meeting working capital requirement and other general purposes of the Company

Security Features

  • Senior, secured, rated, listed, redeemable, taxable Non-Convertible Debentures
  • Yes, secured with charge/security created over assets
  • Listed on the WDM segment of BSE

Special Features

  • No special rights/interest/privileges attached to the instrument
  • No history of delay or default in payment of interest/principal for more than three months from due date
  • No redemption of preference shares or debentures mentioned

Financial Impact

Total issue size: ₹1,500 Crores (₹1,000 Crores from Option 1 + ₹500 Crores from Option 2)