About Shriram Finance Limited

Shriram Finance Limited stands as one of the major Non-Banking Finance Companies (NBFCs) in India since its founding in 1979 to deliver retail and asset-backed credit services. The Company extends loans for commercial vehicles as well as passenger vehicles and construction equipment and tractors and farm equipment and two-wheelers and Micro and Small and Medium Enterprises (MSME) and personal loans and gold loans backed by powerful digital tools and robust customer relationships.  As of March 31, 2025, it serves over 9.56 Million active customers with Assets Under Management (AUM) of Rs. 2,63,190 crores, positioning it as one of the largest retail asset‑backed NBFCs in India .

The Company has its operations spread throughout India through 3,220 offices which serve customers in 31 locations (25 States and 6 Union Territories) without any presence abroad. Subsidiaries: Nil as at March 31, 2025 (Shriram Housing Finance Limited ceased to be a subsidiary on December 11, 2024).

Key milestones include: establishment in 1979; Initial Public Offering in 1984; partnership with Citicorp and first securitisation in 1999; mergers of Shriram Investment Limited and Shriram Overseas Finance Limited in 2005–06; AUM surpassing Rs. 50,000 crore in 2013; and rating upgrades in 2015–16.

Shriram Finance Limited Key Management

• Jugal Kishore Mohapatra – Chairman (Independent)

• Umesh Revankar – Executive Vice-Chairman

• Y. S. Chakravarti – Managing Director & CEO

• Parag Sharma – Managing Director & CFO

Latest Updates on Shriram Finance Limited

• Strategic portfolio action: The Company completed the strategic divestment of Shriram Housing Finance Limited to an affiliate of Warburg Pincus, with SHFL ceasing to be a subsidiary on December 11, 2024; this move sharpened focus on core lending businesses. The transaction was valued at Rs. 4,630.00 crores, with SHFL now renamed Truhome Finance Limited under the new ownership.

• New platform for fixed-income intermediation: On April 01, 2025, the Reserve Bank of India approved Shriram Finance’s acquisition of 100% of Shriram Overseas Investments Private Limited, which will become a wholly-owned subsidiary to undertake Primary Dealership; the unit is proposed to be renamed “Shriram Gilts Limited”.

• Funding and securitisation: During FY 2024–25, the Company securitised assets worth Rs. 27,664.98 crores, accounting for 10.51% of AUM as on March 31, 2025; the outstanding direct assigned portfolio stood at Rs. 3,274.36 crores.

• Equity share split: Consequent to the sub‑division/split of equity shares, adjustments were effected with January 10, 2025 as the Record Date.

• Awards and recognition: Recognitions in the year included Best Organisations for Women (ET Now 2025), Great Place to Work certifications, ESG Issuer of the Year (ASSOCHAM), Winner – Securitisation Deal of the Year (ASSOCHAM), BFSI Technology Excellence Awards for Super App, and the ICAI Silver Shield (Financial Reporting 2023–24).