Shriram Finance Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by CRISIL Ratings Limited, confirms the utilization of proceeds from the company’s Preferential Issue of Equity Shares. The Audit Committee and the Board of Directors have reviewed the report, and it will be made available on the company’s website.
Monitoring Agency Report Submitted
Shriram Finance Limited has officially filed its Monitoring Agency Report for the financial quarter concluding on September 30, 2026. This report is a mandatory submission under the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Securities Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
CRISIL Ratings Confirms Utilization
The report was prepared by CRISIL Ratings Limited, acting as the appointed Monitoring Agency. It pertains to the utilization of funds raised through a Preferential Issue of Equity Shares. The report indicates that the proceeds have been utilized as per the disclosed objects in the offer document, including onward lending and retirement of borrowings. The total issue size was Rs 39,617.98 crore.
Board and Audit Committee Review
The findings of the Monitoring Agency Report have undergone review by the company’s Audit Committee on October 22, 2026, and the Board of Directors on October 23, 2026. The company has assured that the report will also be accessible on its official website, www.shriramfinance.in, for public viewing.
Key Financial Details
As of September 30, 2026, the utilization of funds for the objects of the issue was as follows:
- Onward lending purpose: The total amount utilized was Rs 20,000.00 crore, with the entire amount allocated for onward lending of various types of loans.
- Retirement of borrowings including interest: Proceeds totaling Rs 15,000.00 crore were fully utilized for the retirement of borrowings.
- General Corporate Purpose: The amount utilized was Rs 4,617.98 crore, with the utilization not exceeding 25% of the Issue Proceeds as per the offer document.
The total amount utilized for these purposes sums up to Rs 39,617.98 crore, confirming full utilization of the preferential issue proceeds.
Source: BSE
