Shriram Finance Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 18, 2025
SHRIRAMFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shriram Finance has filed the notice for its 46th AGM to be held on July 18, 2025, via video conferencing, along with the Annual Report for FY 2024-25. Key agenda items include declaration of a final dividend of Rs. 3 per equity share (face value Rs. 2), confirmation of two interim dividends already paid, re-appointment of a director, appointment of a new secretarial auditor, and payment of commission to independent directors. Shareholders will also vote on special resolutions to increase borrowing limits from Rs. 2,35,000 crores to Rs. 2,95,000 crores, raise the securitisation/receivables sale limit from Rs. 50,000 crores to Rs. 75,000 crores, and alter the Main Object Clause of the Memorandum of Association. The company reported AUM of Rs. 2,63,190 crores (up 17% YoY), net profit of Rs. 9,761 crores, and improved asset quality with GNPA falling to 4.55% during the year.
The substantial dividend, expanded borrowing capacity, and proposed business object changes signal management's confidence in continued growth, while improved asset quality and strong profit growth are positive for shareholders. The 5:1 stock split already executed should improve share liquidity and retail participation ahead of the AGM.