Shriram Finance completes ₹3.32bn debenture buyback, reducing outstanding debt

Shriram Finance Limited announced the completion of its buyback offer for senior, secured, rated, listed, redeemable, taxable non-convertible debentures (NCDs) with ISIN INE721A07RU2 on September 2, 2025. The company repurchased 31,250 NCDs, each with a face value of ₹100,000, which were originally set to mature on December 19, 2025.

The total amount paid to NCD holders, including accrued interest, was ₹3,324,555,680.05. Prior to the buyback, there were 154,550 NCDs outstanding. Following this transaction, the number of outstanding NCDs has been reduced to 123,300. The partial redemption, based on quantity, settled an amount of ₹31,448.59 lakhs.

An interest payment of ₹1,796.97 lakhs was also made on September 2, 2025, for these NCDs. The buyback aligns with the company's disclosure obligations under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.