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Shriram Finance informs about outcome of board meeting

23 Mar 2024 Evaluate
Shriram Finance has informed that the Board of Directors of the Company at their meeting held today, March 22, 2024, considered and accorded its approval: to act as Option Provider as per indicative term sheet to be executed by and between Shriram Housing Finance, high value debt listed non-material subsidiary of the Company (SHFL/Issuer), Kotak Mahindra Investments (Investor) and the Company involving the proposal to issue Compulsory Convertible Debentures (CCDs) by Issuer to the Investor and; to purchase the said CCDs upon exercise of put /call option as per the Option Agreement to be executed between the Company, SHFL and Investor.

The above information is a part of company’s filings submitted to BSE.

Shriram Finance Share Price

1036.50 14.05 (1.37%)
17-Apr-2026 16:59 View Price Chart
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