Shriram Finance has strengthened its commitment to green financing by consolidating all its green financing initiatives under Shriram Green Finance, dedicated to funding initiatives beyond electric vehicles. This marks a significant step towards accelerating sustainable initiatives and fostering environmentally responsible growth by expanding the scope of funding opportunities. Building on its existing expertise in financing electric vehicles, Shriram green finance will provide sharper focus and clarity to its sustainability efforts. Shriram Green Finance, consolidates the green finance business with a vision to build a robust green finance portfolio through financing EVs, battery charging stations, renewable energy products and solutions, energy efficient machinery, etc. By leveraging its extensive customer base, particularly in semi-urban and rural areas, Shriram Finance has the potential to play a transformative role in green financing. The company has set a target to achieve an Asset Under Management (AUM) of ₹5,000 crores for this vertical over the next 3-4 years.Powered by Capital Market - Live

Shriram Finance (SFL) has reached a historic milestone by successfully raising USD 1.277 billion equivalent in multiple currencies, including USD, EUR, and AED, through a notable External Commercial Borrowing (ECB) loan transaction. This landmark deal, executed in partnership with 12 leading banks, including prominent development institutions such as the International Finance Corporation, features tenors of up to five years. Not only does this transaction represent the largest syndicated ECB loan ever secured by an Indian private non-banking financial company (NBFC), but it also highlights Shriram Finance's leadership in accessing global capital markets and setting new standards in international fundraising. The proceeds from this Social Loan will be deployed to empower small entrepreneurs and support vulnerable groups across India, in line with SFL's mission of fostering inclusive growth.Powered by Capital Market - Live

Bharti Airtel Ltd Partly Paidup, Go Fashion (India) Ltd, Blue Star Ltd and Magellanic Cloud Ltd are among the other losers in the BSE's 'A' group today, 17 December 2024.Shriram Finance Ltd tumbled 5.04% to Rs 2977 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 30021 shares were traded on the counter so far as against the average daily volumes of 28314 shares in the past one month.Bharti Airtel Ltd Partly Paidup lost 4.27% to Rs 1193.7. The stock was the second biggest loser in 'A' group.On the BSE, 1125 shares were traded on the counter so far as against the average daily volumes of 1434 shares in the past one month.Go Fashion (India) Ltd crashed 4.12% to Rs 1022.7. The stock was the third biggest loser in 'A' group.On the BSE, 2956 shares were traded on the counter so far as against the average daily volumes of 974 shares in the past one month.Blue Star Ltd dropped 3.96% to Rs 2073. The stock was the fourth biggest loser in 'A' group.On the BSE, 14571 shares were traded on the counter so far as against the average daily volumes of 12735 shares in the past one month.Magellanic Cloud Ltd plummeted 3.86% to Rs 70.94. The stock was the fifth biggest loser in 'A' group.On the BSE, 8.85 lakh shares were traded on the counter so far as against the average daily volumes of 7.19 lakh shares in the past one month.Powered by Capital Market - Live

Shriram Finance has been allotted 3,15,60,000 equity shares of Shriram Housing Finance on conversion of 40,000 unrated, unlisted, unsecured, compulsorily convertible debentures. Upon such conversion, the company's equity shareholding in Shriram Housing Finance has increased from 27,65,51,112 equity shares (83.76%) to 30,81,11,112 equity shares (84.44%).Powered by Capital Market - Live

The domestic equity benchmarks traded with limited losses in afternoon trade. The Nifty traded below the 24,600 level. Realty, IT and consumer durable shares advanced while media, oil & gas and pharma shares declined. At 13:25 IST, the barometer index, the S&P BSE Sensex was down 214.19 points or 0.26% to 81,294.27. The Nifty 50 index lost 69.60 points or 0.28% to 24,549.40. In the broader market, the S&P BSE Mid-Cap index fell 0.04% and the S&P BSE Small-Cap index shed 0.07%. The market breadth was negative. On the BSE, 1,855 shares rose and 2,029 shares fell. A total of 151 shares were unchanged. Gainers & Losers: Shriram Finance (up 2.22%), Wipro (up 2.02%), Bajaj Finserv (up 1.43%), Infosys (up 1.11%) and HCL Technologies (up 1.05%) were major Nifty gainers. Trent (down 1.84%), Bharti Airtel (down 1.69%), Dr Reddy Laboratories (down 1.52%), Adani Ports (down 1.48%) and Grasim Industries (down 1.32%) were major Nifty losers. Bajaj Finserv added 1.43% after its subsidiary, Bajaj Allianz General Insurance Company recorded gross direct premium underwritten for November 2024 of Rs 1,364.67 crore, an increase of 11.95% year on year (YoY). Stock in Spotlight: NBCC (India) shed 0.92%. The company informed that it has received an order worth Rs 432 crore from Central University of Odisha. The order entails comprehensive project management consultancy (PMC) services for the construction of a net zero sustainable campus at Central University at Odisha Sunabeda. NHPC shed 0.97%. The company informed that its board is scheduled to meet on Thursday, 12 December 2024 to consider the proposal of fund raising through issue of non-cumulative bonds up to Rs 2,600 crore in one or more tranche through private placement. ISGEC Heavy Engineering rose 1.86% after the Isgec Investments Pte, Singapore has entered into sale and purchase agreement (SPA) with Triumph Excel to sell its entire stake in its arm, Bioeq Energy Holdings One, Cayman Islands. IRB Infrastructure Developers fell 0.69%. The company's toll collection jumped 23% to Rs 536 crore in November 2024 as against Rs 437 crore posted in November 2023. Pennar Industries rose 0.89% after the company's board will meet on 12 December 2024 to consider entering into a joint venture to expand the business. Global Market: European market declined as investors are looking forward to U.S. inflation data due Wednesday. The consumer price index data will likely influence how the Federal Reserve proceeds on interest rates at its meeting on 17th ' 18th December 2024. Asian stocks advanced on Tuesday, led by a surge in Chinese equities. This uptick was triggered by the Chinese government's announcement of significant policy changes for 2025. China's Politburo, the country's top decision-making body, signaled a shift towards a more accommodative monetary policy. This departure from the previous prudent stance is expected to stimulate the economy and support stock and property markets. The Politburo also pledged to boost domestic consumption and demand, indicating a potential increase in targeted stimulus measures. Investors are now awaiting the Central Economic Work Conference, scheduled to begin on Wednesday, for further details on China's economic plans. Analysts anticipate the conference to outline specific policy priorities and the annual growth target. Beyond China, market participants are closely monitoring the Reserve Bank of Australia's monetary policy decision, due later today. Meanwhile, China's November exports rose 6.7% YoY, down from 12.7% in October, signaling global demand concerns for Chinese goods and imports dropped 3.9% YoY in November, a sharper fall from October's 2.3% decline, underscoring economic pressures. US stocks closed lower on Monday, with the Dow Jones Industrial Average hitting a 1.5-week low. Profit-taking and long liquidation pressured the market ahead of the release of crucial US inflation data on Wednesday. Rising Treasury yields and heightened geopolitical tensions in the Middle East, following the fall of the Assad regime in Syria, also weighed on investor sentiment. The Dow Jones Industrial Average fell 0.54%, while the S&P 500 index fell 0.61%, and the NASDAQ Composite index fell 0.60%. Nvidia shares declined 2.6% during regular trading hours and further dipped 0.6% in after-hours trading, amid reports of an antitrust investigation by Chinese authorities. Oracle Corporation's stock plummeted nearly 8% in after-hours trading after the company reported weaker-than-expected quarterly earnings, highlighting increased competition in the cloud computing sector from major players like Microsoft and Amazon.Powered by Capital Market - Live

Shriram Finance has allotted 25,542 equity shares under ESOS on 09 December 2024. Pursuant to allotment of the equity shares, the paid-up share capital of the Company stands increased from Rs.376,03,32,350/- to Rs.376,05,87,770/-.Powered by Capital Market - Live

Shriram Finance announced that Maya S Sinha (DIN 03056226) is completing her term as Non-Executive Independent Director of the Company and consequently will cease to be Director of the Company with effect from 04 December 2024. Powered by Capital Market - Live

Shriram Finance has allotted 1,39,900 senior, secured, rated, listed, redeemable, taxable Non Convertible Debentures (NCDs) of face value of Rs 1 lakh each aggregating to Rs 1,309 crore on private placement on 03 December 2024. Powered by Capital Market - Live

In respect to the option agreement, between the Company, Kotak Mahindra Investments and Shriram Housing Finance, high value debt listed non-material subsidiary of the Company on 29 March 2024 with respect to unrated, unlisted, unsecured, compulsorily convertible debentures of nominal value of Rs.1,00,000/- each (CCDs) of Shriram Housing Finance, Shriram Finance has issued CCD equity call option notice to Kotak Mahindra Investments to sell to the Company all 40,000 CCDs of aggregate nominal value of Rs.400 crore. Powered by Capital Market - Live

Shriram Finance Ltd is down for a fifth straight session today. The stock is quoting at Rs 2876.2, down 1.88% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.94% on the day, quoting at 23659.1. The Sensex is at 78018.99, down 0.83%.Shriram Finance Ltd has lost around 15.29% in last one month.Meanwhile, Nifty Financial Services index of which Shriram Finance Ltd is a constituent, has eased around 2.01% in last one month and is currently quoting at 23563.65, down 0.79% on the day. The volume in the stock stood at 7.8 lakh shares today, compared to the daily average of 15.44 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 2878.3, down 2.11% on the day. Shriram Finance Ltd jumped 41.28% in last one year as compared to a 20.25% rally in NIFTY and a 18.53% spurt in the Nifty Financial Services index.The PE of the stock is 14.1 based on TTM earnings ending September 24.Powered by Capital Market - Live