Please find attached herewith Outcome of Board Meeting Held on May 15, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shriram Asset Management Company reported FY26 results with total income of ₹1,220.29 Lakhs, up 81% from ₹675.46 Lakhs in FY25, driven by higher net gains on fair value changes (₹684.59 Lakhs vs ₹175.94 Lakhs). However, the company posted a widened net loss of ₹2,030.99 Lakhs compared to ₹1,651.22 Lakhs in FY25, due to elevated employee costs (₹2,092.12 Lakhs) and other expenses (₹1,103.60 Lakhs). The company raised ₹105 Crore by allotting equity shares to Sanlam Emerging Markets (Mauritius) Limited at ₹270 per share, significantly increasing total assets to ₹15,718.96 Lakhs from ₹6,694.10 Lakhs. The 32nd AGM is scheduled for July 28, 2026, with no dividend recommended. Statutory auditors issued an unmodified opinion.
Despite strong revenue growth, continued large losses and zero dividend signal the company is in investment phase. The ₹105 Crore Sanlam infusion provides capital runway but shareholders face near-term pain with no returns expected. Loss per share marginally improved to ₹12.17 from ₹12.69.