Hu 1.

Introduction

SRI RAM FINANCE COMPANY LIMITED

Introduction to Sri Ram finance company limited

Sri Ram finance is a India’s largest retail NBFC, offering credit solutions for
commercial vehicles, two wheeler loan, car loan, home loan, gold loans,
personal and business loans.

Shi ram finance, part of Sri Ram groups, is a leading financial services firm
that caters to 8.39 million customers with 3,082 branches.
The company is one of India’s largest retail NBFC with combined asset
under management of over ₹2,24,862 crore and an employee strength of
74,645 employees.

R. Thyagarajan
Thyagarajan is an industrialist and founder of Chennai-based Shriram Group, a financial
Shriram Finance Limited is a listed public company incorporated on 30 June, 1979. It is
classified as a public limited company and is located in Chennai, Tamil Nadu.
conglomerate along with AVS Raja and T. Jeyaraman.
Shriram Finance Limited was incorporated on June 30, 1978 as a Public Limited
Company.

Our Group Know More → Established in 1974, Shriram Group has been a key player in
the Indian financial services sector.
History and annual growth of Sri Ram finance company
YEAR EVENTS 1979 - The Company was Incorporated on 30th June, at Chennai. It was promoted by R. Thyagarajan, A.V.S Raja and T.
Jayaraman. The Company provides hire purchase finance, and it confined its operation to financing transport sector as the sector had been
registering consistent growth and also as trucks are assets generating revenue on a continuous basis with almost zero gestation period. The
Company's operation are predominantly based in S. India. - The Company's object is providing hire purchase finance to trucks.

50,000 shares subscribed for by signatories to Memorandum of Association. 2,50,000 shares the issued at par, of which 70,000 shares were
reserved and allotted to promoters, directors etc.The remaining 1,80,000 shares offered to the public in February 1984. 1986 - During April,
the company offered 36,000 - 15% secured fully convertible debentures of Rs.100 each as Rights basis in the prop. 6 debentures : 50 equity
shares held. - Simultaneously another 1,800 debentures were issued to the employees on an equitable basis. - Additional 7,200 debentures
were allotted to retain oversubscription. First, one-third face value conversion of Rs.1.5 lakhs was made in October and accordingly 1,50,000

equity shares were allotted. - The second one-third face value conversion of Rs.1.5 lakhs was made in October 1987 and another 1,50,000
shares were allotted. - The third one-third face value conversion of Rs.1.5 lakhs was made in October 1988, and another 1,50,000 shares
were allotted. - 3,00,000 No. of equity shares allotted in part conversion of 15% debentures. 1988 - Another 1,50,000 shares allotted in final
conversion of 15% debs. in October. 1990 - During September, the company offered, 1,32,026 - 14% secured fully convertible debentures of
Rs.150 each on Rights basis in the prop. 1 debenture : 10 equity shares held (all were taken up) Additional 19,804 debentures were allotted
to
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Diesel ₹ 89.97 USD ₹ 83.50 Quotes Shriram Finance Ltd. Company History and Annual Growth Details YEAR EVENTS 1979 - The
Company was Incorporated on 30th June, at Chennai. It was promoted by R. Thyagarajan, A.V.S Raja and T. Jayaraman. The Company
provides hire purchase finance, and it confined its operation to financing transport sector as the sector had been registering consistent
growth and also as trucks are assets generating revenue on a continuous basis with almost zero gestation period. The Company's operation
are predominantly based in S. India. - The Company's object is providing hire purchase finance to trucks. Advertisement - 50,000 shares
subscribed for by signatories to Memorandum of Association. 2,50,000 shares the issued at par, of which 70,000 shares were reserved and
allotted to promoters, directors etc.The remaining 1,80,000 shares offered to the public in February 1984. 1986 - During April, the company
offered 36,000 - 15% secured fully convertible debentures of Rs.100 each as Rights basis in the prop. 6 debentures : 50 equity shares held. -
Simultaneously another 1,800 debentures were issued to the employees on an equitable basis. - Additional 7,200 debentures were allotted to
retain oversubscription. First, one-third face value conversion of Rs.1.5 lakhs was made in October and accordingly 1,50,000 No. of equity
shares were allotted. - The second one-third face value conversion of Rs.1.5 lakhs was made in October 1987 and another 1,50,000 shares
were allotted. - The third one-third face value conversion of Rs.1.5 lakhs was made in October 1988, and another 1,50,000 shares were
allotted. - 3,00,000 No. of equity shares allotted in part conversion of 15% debentures. 1988 - Another 1,50,000 shares allotted in final
conversion of 15% debs. in October. 1990 - During September, the company offered, 1,32,026 - 14% secured fully convertible debentures of
Rs.150 each on Rights basis in the prop. 1 debenture : 10 equity shares held (all were taken up) Additional 19,804 debentures were allotted
to retain oversubscription. - Simultaneous to the above issue, the Company issued through a prospectus, 1,67,974 - 14% secured fully
convertible debentures of Rs.150 each of which the following were reserved for allotment on a pref. basis. - (i) 15,000 debentures to
employees (only 190 debentures taken up), - (ii) 40,000 debentures to Public Financial Institutions Mutual Funds. (all were taken up), - The
remaining 1,12,974 debentures along with 14,810 debentures not taken up by employees were issued to the public (all were taken up).
Additional 25,196 debentures were allotted to retain oversubscription. - Rs.50 of the face value each debenture was converted into 5 equity
shares of Rs.10 each at par on the expiry of 6 months from the date of allotment of debentures. Accordingly 17,25,000 Noof equity shares
were allotted on 1st June, 1991. - Rs.50 of the face value of each debenture was converted into 5 equity shares of Rs.10 each at the expiry
of 15 months from the date of allotment of debentures. Accordingly 17,25,000 shares were allotted on 1.3.1992. - The remaining Rs.50 of the
face value of each debenture was converted into 5 equity shares of Rs.10 each at par after 24 months from the date of allotment. Accordingly
17,20,420 shares were allotted. - During 1996-97, company has made rights cum public issue of FCDs 2596940 FCDs and 1937430 FCDs
of Rs.50 each were allotted through rights issue and public issue respectively in June 1997. - The terms of these FCDs are as follows: - Part
A of Rs.10 will be converted into one equity share of Rs.10 each at par, at the end of 12 months from the date of allotment. Part B of Rs.20
will be converted into two equity shares of Rs.10 each at par, at the end of 24 months from the date of allotment. Part C of Rs.20 will be
converted into two equity shares of Rs.10 each at par, at the end of 36 months from the date of allotment. - 5,00,000 Rights equity shares
allotted at par in prop. 2:3. Additional 75,000 shares allotted to retain oversubscription. 1991 - 17,25,000 No. of equity shares of Rs.10 each
allotted on full conversion of 14% debentures. 1992 - 34,45,420 shares allotted on conversion of 14% debs. 1993 - A new product in the
name of Lease Portfolio Management Scheme was launched that enabled lending institution and manufacturing companies avail the
expertise and experience of the Company and thereby make use the post-tax returns, management risks of the transport finance business.
1994 - 64,84,910 rights shares of Rs.10 each issued on rights basis in prop. 1:1. 1995 - 4369 Rights equity shares kept in abeyance issued.
2002 - Shriram Transport Finance Company Ltd has informed BSE that the Board at its meeting held on October 7, 2002 accepted the
resignation of Sri G V Raman as Chairman and Director of the company. 2003 - Shriram Transport Finance Co. Ltd. has informed the
Exchange that Mr. S Ranganathan has been inducted as a Nominee Director from Citicorp Finance (India) Ltd. - Sri R Nagarajan has
resigned from the Board of Directors of the Company -Dr. T S Sethurathnam has been inducted as a Nominee Director from Indian
Renewable Energy Development Agency Ltd at the Board Meeting held on November 28, 2003 2004 -Shriram Transport Finance Company
Board approves issue of share on preferential basis -UTI Bank in ally with Shriram Transport Finance, Shriram Investments -Shriram
Transport Finance - Netherlands Development signs term sheet agreements 2005 -Shriram Transport surges on Newbridge $100 m infusion
2006 - Shriram Transport Finance Company Ltd has informed that the following Additional Directors were inducted on the Board at the Board
Meeting of the Company held on October 26, 2006: 1. Mr Adit Jain 2. Mr M S Verma 3. Mr Puneet Bhatia 4. Mr Mukund Manohar Chitale 5.
Mr Ranvir Dewan -Shriram Transport rolls out media campaign -Newbridge acquires 49% stake in Shriram Holdings -Shriram Transport signs
Dharmendra as Brand Ambassador -Goldman Sachs increases its stake in Shriram Transport -STFC UTI LAUNCH CO-BRANDED CARD
2007 -Shriram Transport acquires 40pc stake in Ashley Transport -Ashok Leyland brings STFC as strategic partner in Ashley Transport
Services -Shriram-UTI Bank Launches Credit Card 2008 -Shriram Transport Finance Company Ltd has informed that Fitch Ratings India has
affirmed the AA(ind) National rating of Shriram Transport Finance Company Ltds (STFC) debenture programme for an additional amount of
INR 20 billion. 2009 - Shriram Transport Finance Company Ltd has appointed Mr. S. Lakshminarayanan (IAS) as an Additional Director of the
Company w.e.f. September 22, 2009. -ICAI Award - "silver shield" for Excellence in Financial Reporting. -Best PE-Backed Company Award
for 2008. 2010 -The Company raised Rs 583.86 crores through Qualified Institutional Placement (QIP) of equity. -Registered Office of the
Company has been shifted from 123, Angappa Naicken Street, Chennai - 600001, Tamil Nadu to Mookambika Complex, 3rd Floor, No. 4,
Lady Desika Road, Mylapore, Chennai - 600004, Tamil Nadu. 2011 -Mr. Vivek M. Achwal has been appointed as the Company Secretary.
2012 -Mr. Umesh Revankar has taken over as Managing Director of the Company. -The Company has has recommended a final dividend of
Rs. 4/- per equity share of Rs. 10 each (i.e. 40%). 2013 - Shriram Transport Finance Company Ltd. has declared an interim dividend of 30%
i.e Rs. 3/- per equity share of the face value of Rs. 10/- each fully paid up to those members whose name appears in the Register of
Members of the Company. 2014 -Shriram Transport Finance Company Ltd.- Declared an interim dividend of 40% i.e. Rs. 4/- per equity share
of the face value of Rs. 10/- each fully paid up. 2015 -Shriram Transport Finance Company has approved the amalgamation of Shriram
Equipment Finance Company Ltd (SEFCL) with itself 2017 -Shriram Transport Finance Company Limited bags ‘Asia‘s most promising
Brand‘ by WCRC for the year 2017 under Transport Finance Category. 2018 -Shriram Transport Finance Company Limited (STFC), First
NBFC to launch unique Smart Solution in NBFC Branch Management at Delhi ‘ 24 X 7 Smart Branch. -Launching Ceremony of 14th
Mobile Medical Van Under the CSR (Corporate Social Responsibility) for truckers community at Nigdi Transport Nagar. -STFC, SAMIL and
CarTrade to create used vehicle platform. 2020 -Shriram Transport to continue to tap overseas markets for funding. -Company issued rights
shares of Rs. 10 in the ratio of 3:26 at a premium of Rs. 560 per share. 2022 -Shriram Finance Limited. Shriram Transport Finance and
Shriram City Union Finance are now Shriram Finance. -Shriram Transport Finance Company Limited Signs MOU with Symbiosis for
Corporate PGDBA Program to Build Next-gen Talent. -Shriram Transport Finance Company partners with Skill India to train 1000 Drivers for
transporting Oxygen Tankers. -Company name has changed to Shriram Finance Ltd. from Shriram Transport Finance Company Ltd.. Paytm
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Audited Results Cash Flow Balance Sheet Shriram Finance Ltd. Reports Accounting Policies Auditors Report Directors Report Notes To
Account Shriram Finance Ltd. Corporate Announcements Book Closure Dividend Board Meetings Change of Name Govt and Auto Sector
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More information of Sri Ram finance company

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 Vision of Sri Ram finance company

To serve the under-served population of

the country in fulfilling their aspiration of
owning a dream home by 'Finding Ways to
Funding Homes'. Implementing the
National Vision of 'Housing for All' in our
'Shriram' way by reaching out to all section
of the population with innovative home
loan schemes.

To be a leader in engineering and

project implementation with a focus
on Water & Infrastructure, Process &
Metallurgy and Mining Minerals.
 Mision of Sri Ram finance company

Grow through mutually beneficial

associations with customers,
technology partners and vendors;
empower and strengthen the skills
and competencies of people; apply a
systems approach to project
management to ensure timely, cost-
effective & quality deliverables
Shriram Group
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Shriram Group is an
Indian conglomerate headquartered
in Chennai. It was founded on 5 April 1974
by R. Thyagarajan,[3] AVS Raja and T.
Jayaraman.[4][5][6] The group had its beginning
in chit funds business and later on entered
the lending and insurance businesses.
Company type Conglomerate

Industry Financial services, insurance,

real estate

Founded 5 April 1974; 50 years ago

Headquarters Chennai, Tamil Nadu,

India

Area served India

Key people R. Thyagarajan

(Chairman)[1]
 Total assets ₹2.8 lakh crore (US$34 billion)
(March 2024)[2]

Number of 122,500+ (March 2024)[2]

employees

1. Shriram Finance
Subsidiaries
2. Shriram Housing Finance

3. Shriram Life Insurance

4. Shriram General
Insurance

5. Shriram Insight

6. Shriram Fortune

7. Shriram AMC

8. Shriram Wealth

9. Shriram Properties

Website www.shriramcapital.com

Companies
edit
1. Shriram Finance is the flagship company of
the Group which provides financial services
such as commercial vehicle finance,
passenger vehicle finance, SME finance and
retail lending (personal loans, gold loans
and two-wheeler loans).[7] It is formed in
2022 as the result of a merger[8] of Shriram
 City Union Finance[9][10] and Shriram Capital
into Shriram Transport Finance.[11]

2. Shriram Housing Finance is a subsidiary of

Shriram Finance and mainly provides home
loan services.[12]

3. Shriram Life Insurance is the life

insurance arm of the group, and a joint
venture between Shriram Group and South
African company Sanlam.[13]

4. Shriram General Insurance is engaged in

commercial and retail vehicle
insurance, home insurance and travel
insurance. It is a joint venture between
Shriram Group and Sanlam.[14]

5. Shriram Financial Ventures is the holding

company and promoter of Shriram Group's
financial services and insurance
businesses. It is jointly owned by Shriram
Ownership Trust (SOT) and Sanlam Group.[15]

6. Shriram Properties is a real estate developer

focusing on mid-income housing projects,
primarily in South India.[16]

7. Shriram Fortune is the financial services

distribution arm of the group.[17]

8. Shriram AMC is an asset management

company focused on mutual funds.[18]

9. Shriram Insight is a retail stockbroker.[17]

10. Shriram Wealth provides wealth

management advisory services.[17]

11. Shriram Automall is a vehicle

auction platform started as a subsidiary of
Shriram Transport Finance. In