The Board of Directors of Shriram Finance is scheduled to meet on December 19, 2025, to consider and approve a proposal for raising funds. The fundraising may involve a rights issue, preferential allotment, qualified institutions placement, or other permissible methods, potentially through the issuance of equity shares and/or other eligible securities. The board will also consider seeking shareholder approval for these proposals.
Fundraising Proposal
Shriram Finance’s Board of Directors will convene on December 19, 2025, to evaluate a proposal focused on capital raising. The potential avenues under consideration include:
- Rights Issue
- Preferential Allotment
- Qualified Institutions Placement
- Other permissible methods and/or combinations of the above
These fundraising activities may involve the issuance of equity shares and/or other eligible securities, contingent upon regulatory and statutory approvals, as well as terms deemed appropriate by the Board.
Shareholder Approval
The board will also discuss seeking shareholders’ approval for the fundraising through postal ballot and/or at an Extra-Ordinary General Meeting, contingent upon the Board’s approval of the primary fundraising proposal.
Trading Window Closure
In compliance with insider trading regulations, the trading window for dealing in the company’s securities will be closed for all Designated Persons from December 17, 2025, until 48 hours after the board meeting concludes.
Source: BSE
