Shriram Finance Ltd.

Shriram Transport Finance Company has informed that India Ratings and Research (Ind-Ra) has placed the Company's Long-Term Issuer Rating of ‘IND AA+’ on Rating Watch Negative (RWN). The Outlook was Stable. The Short-term Rating has been affirmed at ‘IND A1+’. The instrument-wise rating actions as enclosed. Ind-Ra’s Ratings rationale dated May 04, 2020 is also enclosed. This is in compliance with Regulation 30, Regulation 51(2), Regulation 56(1)(c), Regulation 62(1)(h)(iii) and other applicable Regulations of the SEBI-LODR and SEBI Regulations.

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