Shriram AMC Q2 FY27 No Fund Utilization Deviation

Key Quantitative Figures

• Total funds raised through preferential allotment: Rs. 105 crores (raised on April 23, 2025)
• Funds utilized till September 30, 2026: Rs. 52.90 crores
• Working capital requirements: Original allocation Rs. 60 crores, utilized Rs. 41.77 crores
• Business expansion including technology upgradation and strategic marketing: Original allocation Rs. 25 crores, utilized Rs. 5.59 crores
• General corporate purposes: Original allocation Rs. 20 crores, utilized Rs. 5.54 crores

Parties Involved

• Listed entity: Shriram Asset Management Company Limited (Scrip Code: 531359)
• Monitoring agency: ICRA Limited
• Regulatory authority: BSE Limited

Financial Impact

No financial impact from deviation or variation as there is no deviation in the use of proceeds from the objects stated in the Letter of Offer/EGM Notice for Preferential Issue.

Audit Committee Review

The Audit Committee reviewed the utilization statement in their meeting held on October 28, 2026 and confirmed no deviation or variation in the use of proceeds.

Monitoring Agency

ICRA Limited is serving as the monitoring agency for the fund utilization.

Objects of Fund Raising

1. Working Capital requirements: Rs. 60 crores allocated, Rs. 41.77 crores utilized

2. Business Expansion requirements including expenses for technology upgradation, strategic marketing etc.: Rs. 25 crores allocated, Rs. 5.59 crores utilized

3. General Corporate Purpose: Rs. 20 crores allocated, Rs. 5.54 crores utilized