Shriram Finance Ltd.

In continuation to letter dated April 27, 2023 and July 25, 2023, Shriram Finance has informed that the ESOP Allotment Committee in its meeting held on today Tuesday, December 12, 2023 has approved the allotment of 53,476 Equity Shares of face value of Rs 10 each to 200 employees of the Company who exercised the Fresh Stock Options under SFL ESOS 2023 (No.1). The details as required under Regulation 10 (c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 is enclosed. Pursuant to allotment of the Equity Shares, the paid-up share capital of the Company stands increased from Rs 375,54,15,430 to Rs 375,59,50,190.

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