Shriram Asset Management Company Limited has filed a regulatory compliance disclosure with BSE Limited pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure confirms that there is no deviation or variation in the use of proceeds raised through a Preferential Issue from the objects stated in the "Letter of Offer"/EGM Notice for Preferential Issue for the quarter ended June 30, 2026.
Key Details of Fund Raising:
- Mode of Fund Raising: Preferential Allotment
- Date of Raising Funds: April 23, 2025
- Amount Raised: ₹105 crores
- Monitoring Agency: Yes
- Monitoring Agency Name: ICRA Limited
Utilization Status:
The statement confirms no deviation/variation in the use of funds raised. The Audit Committee reviewed this compliance in their meeting held on August 07, 2026. There are no comments from auditors regarding the statement.
Fund Utilization Breakdown:
The total amount raised was ₹105 crores. As of the reporting period, ₹40.95 crores has been utilized. The disclosure specifies that there is no deviation in the utilization across all objects.
The document was digitally signed by Vinita A. Kapoor, Company Secretary & Lead - Legal, on August 07, 2026 at 20:40:56 +05'30'.