5112182025-10-012025-12-315112182025-12-315112182025-10-012025-12-31CompositionOfBoardOfDirectors15112182025-12-31CompositionOfBoardOfDirectors15112182025-10-012025-12-31CompositionOfBoardOfDirectors25112182025-12-31CompositionOfBoardOfDirectors25112182025-10-012025-12-31CompositionOfBoardOfDirectors35112182025-12-31CompositionOfBoardOfDirectors35112182025-10-012025-12-31CompositionOfBoardOfDirectors45112182025-12-31CompositionOfBoardOfDirectors45112182025-10-012025-12-31CompositionOfBoardOfDirectors55112182025-12-31CompositionOfBoardOfDirectors55112182025-10-012025-12-31CompositionOfBoardOfDirectors65112182025-12-31CompositionOfBoardOfDirectors65112182025-10-012025-12-31CompositionOfBoardOfDirectors75112182025-12-31CompositionOfBoardOfDirectors75112182025-10-012025-12-31CompositionOfBoardOfDirectors85112182025-12-31CompositionOfBoardOfDirectors85112182025-10-012025-12-31CompositionOfBoardOfDirectors95112182025-12-31CompositionOfBoardOfDirectors95112182025-10-012025-12-31CompositionOfBoardOfDirectors105112182025-12-31CompositionOfBoardOfDirectors105112182025-10-012025-12-31CompositionOfBoardOfDirectors115112182025-12-31CompositionOfBoardOfDirectors115112182025-10-012025-12-31CompositionOfCommittees145112182025-12-31CompositionOfCommittees145112182025-10-012025-12-31CompositionOfCommittees155112182025-12-31CompositionOfCommittees155112182025-10-012025-12-31CompositionOfCommittees165112182025-12-31CompositionOfCommittees165112182025-10-012025-12-31CompositionOfCommittees175112182025-12-31CompositionOfCommittees175112182025-10-012025-12-31CompositionOfCommittees415112182025-12-31CompositionOfCommittees415112182025-10-012025-12-31CompositionOfCommittees425112182025-12-31CompositionOfCommittees425112182025-10-012025-12-31CompositionOfCommittees435112182025-12-31CompositionOfCommittees435112182025-10-012025-12-31CompositionOfCommittees445112182025-12-31CompositionOfCommittees445112182025-10-012025-12-31CompositionOfCommittees685112182025-12-31CompositionOfCommittees685112182025-10-012025-12-31CompositionOfCommittees695112182025-12-31CompositionOfCommittees695112182025-10-012025-12-31CompositionOfCommittees705112182025-12-31CompositionOfCommittees705112182025-10-012025-12-31CompositionOfCommittees715112182025-12-31CompositionOfCommittees715112182025-10-012025-12-31CompositionOfCommittees725112182025-12-31CompositionOfCommittees725112182025-10-012025-12-31CompositionOfCommittees735112182025-12-31CompositionOfCommittees735112182025-10-012025-12-31CompositionOfCommittees955112182025-12-31CompositionOfCommittees955112182025-10-012025-12-31CompositionOfCommittees965112182025-12-31CompositionOfCommittees965112182025-10-012025-12-31CompositionOfCommittees975112182025-12-31CompositionOfCommittees975112182025-10-012025-12-31CompositionOfCommittees985112182025-12-31CompositionOfCommittees985112182025-10-012025-12-31CompositionOfCommittees995112182025-12-31CompositionOfCommittees995112182025-10-012025-12-31CompositionOfCommittees1005112182025-12-31CompositionOfCommittees1005112182025-10-012025-12-31CompositionOfCommittees1225112182025-12-31CompositionOfCommittees1225112182025-10-012025-12-31CompositionOfCommittees1235112182025-12-31CompositionOfCommittees1235112182025-10-012025-12-31CompositionOfCommittees1245112182025-12-31CompositionOfCommittees1245112182025-10-012025-12-31CompositionOfCommittees1255112182025-12-31CompositionOfCommittees1255112182025-12-31MeetingOfBoardOfDirectors15112182025-10-012025-12-31MeetingOfBoardOfDirectors15112182025-12-31MeetingOfBoardOfDirectors25112182025-10-012025-12-31MeetingOfBoardOfDirectors25112182025-12-31MeetingOfBoardOfDirectors35112182025-10-012025-12-31MeetingOfBoardOfDirectors35112182025-12-31MeetingOfBoardOfDirectors45112182025-10-012025-12-31MeetingOfBoardOfDirectors45112182025-10-012025-12-31MeetingOfCommittees15112182025-12-31MeetingOfCommittees15112182025-10-012025-12-31MeetingOfCommittees25112182025-12-31MeetingOfCommittees25112182025-10-012025-12-31MeetingOfCommittees35112182025-12-31MeetingOfCommittees35112182025-10-012025-12-31MeetingOfCommittees45112182025-12-31MeetingOfCommittees45112182025-10-012025-12-31MeetingOfCommittees55112182025-12-31MeetingOfCommittees55112182025-10-012025-12-31MeetingOfCommittees65112182025-12-31MeetingOfCommittees65112182025-10-012025-12-31MeetingOfCommittees75112182025-12-31MeetingOfCommittees75112182025-10-012025-12-31MeetingOfCommittees85112182025-12-31MeetingOfCommittees85112182025-10-012025-12-31MeetingOfCommittees95112182025-12-31MeetingOfCommittees95112182025-09-305112182025-12-31ImpositionOfFineOrPenaltyDomain15112182025-12-31ImpositionOfFineOrPenaltyDomain25112182025-12-31ImpositionOfFineOrPenaltyDomain35112182025-12-31ImpositionOfFineOrPenaltyDomain45112182025-12-31ImpositionOfFineOrPenaltyDomain55112182025-12-31ImpositionOfFineOrPenaltyDomain65112182025-12-31ImpositionOfFineOrPenaltyDomain75112182025-12-31ImpositionOfFineOrPenaltyDomain85112182025-12-31ImpositionOfFineOrPenaltyDomain95112182025-12-31ImpositionOfFineOrPenaltyDomain105112182025-12-31ImpositionOfFineOrPenaltyDomain11xbrli:pure511218SHRIRAMFINNOTLISTEDINE721A01047SHRIRAM FINANCE LIMITED2025-04-012026-03-31Quarterly2025-12-31EquitytruetruefalseThere was no acquisition of shares or voting rights in unlisted companies in terms of sub-para 1 of para A of Part A of Schedule III of the SEBI Listing Obligations and Disclosure Requirements, Regulations, 2015 (Lisitng Regulations), during the quarter ended December 31, 2025. truefalseThere were no updates to ongoing tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III of the Listing Regulations, during the quarter ended December 31, 2025.trueTop 100 listed entitiestrueS00320Original1) Mr. Jugal Kishore Mohapatra was re-appointed as Independent Director of the Company for the second term of 3 (three) consecutive years commencing from December 04, 2025 up to December 03, 2028 vide Special Resolution passed by the Shareholders of the Company through Postal ballot on December 02, 2025. 2) Mr. Umesh G. Revankar was re-appointed as Managing Director and CEO of the Company at the 40th Annual General Meeting (AGM) held on June 27, 2019 for a period of 5 (five) years with effect from October 26, 2019 up to October 25, 2024. Further, he was re-appointed as Whole Time Director designated as Executive Vice Chairman of the Company for a period of 5 (five) years with effect from October 26, 2024 to October 25, 2029 vide Ordinary Resolution passed by the Shareholders of the Company at its 45th AGM held on July 30, 2024. 3) Mr. Parag Sharma, Managing Director & Chief Financial Officer of the Company, was re-designated as Managing Director and Chief Executive Officer commencing from December 05, 2025 for the remainder of his tenure i.e. up to December 12, 2026 vide Ordinary Resolution passed by the Shareholders of the Company through Postal ballot on December 02, 2025. 4) Mr. Yalamati Srinivasa Chakravarti has completed his tenure as Managing Director and Chief Executive Officer of the Company and consequently ceased to be Director of the Company with effect from December 05, 2025. 5) Mr. Sunder Subramanian was appointed as Whole Time Director of the Company for a period of 5 (five) years commencing from October 31, 2025 to October 30, 2030 and designated as Joint Managing Director and Chief Financial Officer with effect from December 05, 2025 vide Ordinary Resolution passed through Postal ballot by the Shareholders of the Company on December 02, 2025.truefalseMrJugal Kishore Mohapatra******03190289Non-Executive - Independent DirectorChairperson1956-02-12falseActiveNA2022-12-042025-12-0436.281111MrPanja Pradeep Kumar******03614568Non-Executive - Independent DirectorNot Applicable1955-10-02falseActiveNA2018-10-252023-10-2586.073331MrS. Ravindran******09778966Non-Executive - Independent DirectorNot Applicable1962-05-10falseActiveNA2023-08-312023-08-3128.011121MrGokul Subramanian Dixit******00357170Non-Executive - Independent DirectorNot Applicable1977-11-08falseActiveNA2024-06-012024-06-01192221MrsBhanumathi Viswanathan Melattur******10172983Non-Executive - Independent DirectorNot Applicable1962-05-27falseActiveNA2024-06-012024-06-01193342MrDevaki Venkataraman Ravi******00171603Non-Executive - Non Independent DirectorNot Applicable1964-09-05falseActiveNA2015-06-181000MrIgnatius Michael Viljoen******08452443Non-Executive - Non Independent DirectorNot Applicable1973-01-14falseActiveNA2019-05-141000Mr. Ignatius Michael Viljoen is not an Indian Citizen.MrUmesh G. Revankar******00141189Executive DirectorNot Applicable1964-10-27falseActiveNA2016-10-252024-10-261020MrParag Sharma******02916744Executive DirectorNot ApplicableCEO-MD1969-07-12falseActiveNA2021-12-131020MrYalamati Srinivasa Chakravarti******00052308Executive DirectorNot ApplicableCEO-MD1963-06-10falseActiveNA2021-12-132022-12-052025-12-041010Tenure CompletionMrSunder Subramanian******08189901Executive DirectorNot Applicable1970-12-06falseActiveNA2025-10-311000truetruetruetruetrueAudit Committee03614568Panja Pradeep KumarNon-Executive - Independent DirectorChairperson2019-01-28The Board of Directors, in its meeting held on July 25, 2024, reconstituted the composition of the Audit Committee with effect from October 01, 2024. Accordingly, Mr. Panja Pradeep Kumar was appointed as the Chairperson of the Audit Committee with effect from October 01, 2024.Audit Committee09778966S. RavindranNon-Executive - Independent DirectorMember2023-08-31Audit Committee00357170Gokul Subramanian DixitNon-Executive - Independent DirectorMember2024-07-01Audit Committee10172983Bhanumathi Viswanathan MelatturNon-Executive - Independent DirectorMember2024-07-01Nomination and remuneration committee09778966S. RavindranNon-Executive - Independent DirectorChairperson2024-10-01The Board of Directors, in its meeting held on July 25, 2024, reconstituted the composition of the Nomination and Remuneration Committee with effect from October 01, 2024. Accordingly, Mr. S. Ravindran was appointed as the Chairperson of the Nomination and Remuneration Committee with effect from October 01, 2024.Nomination and remuneration committee03190289Jugal Kishore MohapatraNon-Executive - Independent DirectorMember2022-12-05Nomination and remuneration committee00171603Devaki Venkataraman RaviNon-Executive - Non Independent DirectorMember2022-12-05Nomination and remuneration committee10172983Bhanumathi Viswanathan MelatturNon-Executive - Independent DirectorMember2024-07-01Stakeholders Relationship Committee03190289Jugal Kishore MohapatraNon-Executive - Independent DirectorChairperson2022-12-05Stakeholders Relationship Committee03614568Panja Pradeep KumarNon-Executive - Independent DirectorMember2018-10-25Stakeholders Relationship Committee09778966S. RavindranNon-Executive - Independent DirectorMember2023-08-31Stakeholders Relationship Committee00141189Umesh G. RevankarExecutive DirectorMember2016-10-26Stakeholders Relationship Committee00052308Yalamati Srinivasa ChakravartiExecutive DirectorMember2022-12-052025-12-04Stakeholders Relationship Committee02916744Parag SharmaExecutive DirectorMember2025-10-31Risk Management Committee00141189Umesh G. RevankarExecutive DirectorChairperson2016-10-26Risk Management Committee00357170Gokul Subramanian DixitNon-Executive - Independent DirectorMember2024-07-01Risk Management Committee00052308Yalamati Srinivasa ChakravartiExecutive DirectorMember2022-12-052025-12-04Risk Management Committee02916744Parag SharmaExecutive DirectorMember2025-10-31Risk Management Committee08189901Sunder SubramanianExecutive DirectorMember2016-10-25Risk Management Committee99999999Hardeep Singh TurJoint Managing Director & Chief Risk OfficerMember2022-12-05Mr. Hardeep Singh Tur is Joint Managing Director & Chief Risk Officer (not a member of board of directors) of the Company.Corporate Social Responsibility Committee00141189Umesh G. RevankarExecutive DirectorChairperson2016-10-26Corporate Social Responsibility Committee03614568Panja Pradeep KumarNon-Executive - Independent DirectorMember2018-10-25Corporate Social Responsibility Committee00052308Yalamati Srinivasa ChakravartiExecutive DirectorMember2022-12-052025-12-04Corporate Social Responsibility Committee02916744Parag SharmaExecutive DirectorMember2025-10-312025-07-18true101052025-07-256true101052025-10-3197true111052025-12-1948true10105Audit Committee2025-07-24true4440Audit Committee2025-07-250true4440Audit Committee2025-10-3096true4440Audit Committee2025-10-310true4440Nomination and remuneration committee2025-10-30true4330Stakeholders Relationship Committee2025-07-24true5530Stakeholders Relationship Committee2025-10-3097true5530Risk Management Committee2025-10-30true3312Corporate Social Responsibility Committee2025-10-30true3310truetruetruetrueYestruetruetrueU BalasundararaoCompany Secretary and Compliance OfficerfalseU BalasundararaoCompany Secretary and Compliance OfficerMumbai2026-01-211230-1In addition to the disclosures made to the Stock Exchanges during the quarter ended December 31, 2025 under Regulation 30 of the Listing Regulations, there were following imposition of fines or penalties in terms of sub-para 20 of para A of Part A of Schedule III of the Listing Regulations, during the quarter ended December 31, 2025.Office of the Deputy Commissioner, RaipurAn order dated 31.10.2025 was issued under Section 74 of the Central Goods and Services Tax Act, 2017, read with the Integrated Goods and Services Tax Act, 2017, imposing a tax demand of Rs.8,26,902/- along with penalty of Rs.8,26,902/-. The demand order was received by the Company on 31.10.2025.2025-10-311. Excess availment of Input Tax Credit (ITC) in contravention to Section 17(4) of Central Goods and Services Tax Act, 2017 . 2. Excess availment of ITC in contravention to Section 17(4) of Central Goods and Services Tax Act, 2017. 3. Wrong ITC availed on supplies not used in business activities.There is no material impact on financial, operation or other activities of the Company. However, based on quantum of the amount involved and out of commercial prudence, the Company in the process of filling an appeal against Chhattisgarh state demand order reference no. ZD221025018971R dated 31.10.2025Superintendent of CGST & Central Excise Range-I,Durgapur-I Division An order was issued under Section 74 of the Central Goods and Services Tax Act, 2017, read with the Integrated Goods and Services Tax Act, 2017, imposing a tax demand of Rs. 1,632/- along with applicable interest and a penalty of Rs. 1,632/-. The demand was received by the Company on 12.11.2025.2025-11-12The demand has arisen on account of irregular utilization of Input Tax Credit (ITC) by erstwhile Shriram City Union Finance Limited during the F.Y. 2018-19 for the state of West Bengal. Penalty levied on the demand notice confirmed by department for ineligible ITC claim, ITC was claimed from cancelled taxpayers, non-genuine taxpayers, non-existent taxpayers, and return defaulters There is no material impact on financial, operation or other activities of the Company. However, based on quantum of the amount involved and out of commercial prudence, the Company has filed an rectification application dated 24.12.2025 against West Bengal State demand order reference no. ZD191125015890H.Superintendent - Range-I, Durgapur-I, Division,Bolpur,Kolkata - Central Board of Indirect Taxes and Customs (CBIC)An order dated 11.11.2025 was issued under Section 74 of the Central Goods and Services Tax Act, 2017, read with the Integrated Goods and Services Tax Act, 2017, imposing a tax demand of Rs. 1,174/- along with applicable interest and a penalty of Rs. 1,174/-. The demand was received by the Company on 13.11.2025.2025-11-13The demand has arisen on account of ineligible availment of Input Tax Credit (ITC) by erstwhile Shriram City Union Finance Limited during the F.Y. 2018-19 for the state of West Bengal, ineligible ITC availed on supplies received from cancelled suppliers i.e. M/s Zeus.There is no material impact on financial, operation or other activities of the Company. However, based on quantum of the amount involved and out of commercial prudence, the Company has filed an rectification application dated 24.12.2025 against West Bengal state demand order no. 77/SUPDT/ R-I/DGP-I/ CGST/2025-26 dated 11.11.2025.Superintendent - Range-I, Durgapur-I, Division, Bolpur, Kolkata - Central Board of Indirect Taxes and Customs (CBIC)An order dated 11.11.2025 was issued under Section 74 of the Central Goods and Services Tax Act, 2017, read with the Integrated Goods and Services Tax Act, 2017, imposing a tax demand of Rs. 86,180/- along with applicable interest and a penalty of Rs. 86,180/-. The demand was received by the Company on 13.11.2025.2025-11-13The demand has arisen on account of non- payment of taxation on legal expenses by erstwhile Shriram City Union Finance Limited for the period from F.Y. 2018-19 to F.Y. 2022-23 for the state of West Bengal, Non- Payment of tax on legal expenses reverse charge mechanism.There is no material impact on financial, operation or other activities of the Company. However, based on quantum of the amount involved and out of commercial prudence, the Company has filed an rectification application dated 24.12.2025 against West Bengal state demand order no. 78/SUPDT/ R-I/DGP-I/2025-26 dated 11.11.2025.Office of the Assistant Commissioner, West BengalAn order dated 08.12.2025 was issued under Section 73 of the Central Goods and Services Tax Act, 2017, read with the Integrated Goods and Services Tax Act, 2017, imposing a tax demand of Rs.74,20,647/- along with interest of Rs.63,97,738/- and a penalty of Rs.7,42,064/-. The demand order was received by the Company on 08.12.2025.2025-12-081. Tax on Corporate agency services provided to Shriram Life Insurance Company. 2. Tax liability due to selection of wrong place of supply in case of tax on unbilled revenue at the beginning of F.Y. 2021-22.There is no material impact on financial, operation or other activities of the Company. However, based on quantum of the amount involved and out of commercial prudence, the Company in the process of filling an appeal against West Bengal state demand order reference no. ZD191225017304O dated 08.12.2025Deputy Commissioner of State Tax, Patna Special, Central, BiharAn order dated 22.12.2025 was issued under Section 73 of the Central Goods and Services Tax Act, 2017, read with the Integrated Goods and Services Tax Act, 2017, imposing a tax demand of Rs.25,53,815/- along with interest of Rs. 17,23,824/- and a penalty of Rs. 2,55,381/-. The demand order was received by the Company on 22.12.2025.2025-12-22The demand has arisen on account of excess availment and utilization of Input Tax Credit (ITC) by erstwhile Shriram City Union Finance Limited during the F.Y. 2021-22 for the state of Bihar, Excess availment and utilization of ITC in excess of statutory limit prescribed under section 17(4) of Central Goods and Services Tax Act, 2017/Bihar Goods and Services Tax Act, 2017.There is no material impact on financial, operation or other activities of the Company. However, based on quantum of the amount involved and out of commercial prudence, the Company in the process of filling an appeal against Bihar state demand order reference no. ZD101225038130A dated 22.12.2025Office of the Assistant Commissioner, PunjabAn order dated 22.12.2025 was issued under Section 73 of the Central Goods and Services Tax Act, 2017, read with the Integrated Goods and Services Tax Act, 2017, imposing a tax demand of Rs.42,78,632/- along with interest of Rs.32,55,746 and a penalty of Rs.4,27,864/-. The demand order was received by the Company on 22.12.2025.2025-12-221. Tax Liability on Negative figures in Table 5(O) of Form GSTR-9C, 2. Non-Compliance of Rule 86B of CGST Rules, 3. Excess claim of Input Tax Credit takenThere is no material impact on financial, operation or other activities of the Company. However, based on quantum of the amount involved and out of commercial prudence, the Company in the process of filling an appeal against Punjab state demand order reference no. ZD031225040385S dated 22.12.2025Office of the Deputy Commissioner, RajasthanAn order dated 22.12.2025 was issued under Section 73 of the Central Goods and Services Tax Act (CGST), 2017 , read with the Integrated Goods and Services Tax Act, 2017, imposing a tax demand of Rs.97,40,227/- along with interest of Rs.73,06,056/- and a penalty of Rs.9,82,423/-. The demand order was received by the Company on 22.12.2025.2025-12-221. Input Service Distributor credit distributed in violation to Rule 39 of CGST Rules, 2. Tax on Corporate agency services provided to Shriram Life Insurance Company, 3. Reverse charge Mechanism liability short-paid in comparison to Form GSTR-2AThere is no material impact on financial, operation or other activities of the Company. However, based on quantum of the amount involved and out of commercial prudence, the Company in the process of filling an appeal against Rajasthan state demand order reference no. ZD081225058930B dated 22.12.2025Office of the Assistant Commissioner, GujaratAn order dated 26.12.2025 was issued under Section 73 of the Central Goods and Services Tax Act, 2017, read with the Integrated Goods and Services Tax Act, 2017, imposing a tax demand of Rs.31,81,706/- along with interest of Rs. 19,45,817/- and a penalty of Rs. 2,80,862/-. The demand order was received by the Company on 26.12.2025.2025-12-261. Excess claim of Input Tax Credit taken. 2. Tax liability on penal income. 3. Incorrect Input Tax Credit Claim on Regional Transport Office Expenses. 4. Short reversal of Input Tax Credit u/s 17(4) of Central Goods and Services Tax Act, 2017 due to cross charges.There is no material impact on financial, operation or other activities of the Company. However, based on quantum of the amount involved and out of commercial prudence, the Company in the process of filling an appeal against Gujarat state demand order reference no. ZD241225128295K dated 26.12.2025Office of the Commercial tax officer, Tamil NaduAn order dated 29.12.2025 was issued under Section 73 of the Central Goods and Services Tax Act, 2017, read with the Integrated Goods and Services Tax Act, 2017, imposing a tax demand of Rs.30,60,711/- along with interest of Rs.23,39,558/- and a penalty of Rs.3,13,394/-. The demand order was received by the Company on 29.12.2025.2025-12-29Excess claim of Input Tax Credit (ITC) taken which is not available in Form GSTR-2A.There is no material impact on financial, operation or other activities of the Company. However, based on quantum of the amount involved and out of commercial prudence, the Company in the process of filling an appeal against Tamil Nadu state demand order reference no. ZD331225436534K dated 29.12.2025Assistant Commissioner/ Goods and Service Tax Officer (GSTO), Ward 206, Zone-11, DelhiAn order dated 30.12.2025 was issued under Section 73 of the Central Goods and Services Tax Act, 2017, read with the Integrated Goods and Services Tax Act, 2017, imposing a tax demand of Rs.4,074/- along with interest of Rs.2,740/- and a penalty of Rs.20,000/-. The demand order was received by the Company on 30.12.2025.2025-12-30The demand has arisen on account of Claim of Input Tax Credit (ITC) by erstwhile Shriram City Union Finance Limited during the F.Y. 2021-22 for the state of Delhi, ITC claimed from cancelled dealers, return defaulters & non tax payersThere is no material impact on financial, operation or other activities of the Company. However, based on quantum of the amount involved and out of commercial prudence, the Company in the process of making payment of demand amount against Delhi state demand order reference no. ZD071225086323G dated 30.12.2025