Shriram Finance Ltd.

In continuation to its letter dated March 24, 2023, Shriram Finance has informed that the Banking and Finance Committee in meeting held on 24th March 2023, approved issuance of USD 150,000,000 Senior Secured Floating Rate Notes due 2026 (‘Notes’) on private placement basis, under the USD 3,500,000,000 Global Medium Term Note Programme. The Company has priced USD 150,000,000 Notes as per the details contained in Annexure I. The Company shall make necessary intimation upon issuance and allotment of the Notes. This is in compliance with Regulation 30 and other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations 2015. The meeting commenced at 9.15 pm and concluded at 9.45 pm.

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