Shriram Asset Management Company’s board has allotted 35,00,000 Redeemable Non-Convertible Preference Shares (RNCPS) of face value of Rs 100 each aggregating to Rs 35 crore to Shriram Credit Company and Shriram Financial products Solutions (Chennai). The Securities Issue Committee of the company at its meeting held on January 01, 2018, has allotted the same.
Shriram Asset Management Company is an integral part of the ‘Shriram’ Group. The Company act as the Asset Management Company of Shriram Mutual Fund.
