Shriram Finance allots debentures through private placement

Shriram Finance Limited announced on December 1, 2025, that its Allotment Committee - NCDs approved and allotted senior, secured, rated, listed, redeemable, taxable Non-Convertible Debentures (NCDs) through a private placement. This follows previous intimation regarding committee meetings for raising funds via debt securities.

The allotment comprises 12,500 NCDs, each with a face value and issue price of INR 100,000, totaling an issue size of INR 125 Crores. These zero-coupon bonds offer a premium of INR 28,078, resulting in an effective yield of 7.50%. The NCDs have a tenor of 3 years, 5 months, and 2 days from the deemed allotment date, maturing on May 3, 2029, and will be listed on the WDM segment of BSE.

Proceeds from the issue will primarily augment the company's long-term resources, finance various asset classes, support onward lending, refinance existing debt, and meet working capital and general corporate purposes, all in accordance with statutory and regulatory requirements.