Shriram Finance Ltd
Shriram Finance Ltd Company History
Shriram Finance is primarily engaged in the business of financing commercial vehicles, passenger vehicles, construction equipment, farm equipment, micro, small and medium enterprises, two-wheelers, gold and personal loans.
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.
2002
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
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
2004
2005
Shriram Transport surges on Newbridge $100 m infusion
2005
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
2006
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
2007
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.
2008
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.
2009
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.
2010
2011
Mr. Vivek M. Achwal has been appointed as the Company Secretary.
2011
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%).
2012
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.
2013
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.
2014
2015
Shriram Transport Finance Company has approved the amalgamation of Shriram Equipment Finance Company Ltd (SEFCL) with itself
2015
2017
Shriram Transport Finance Company Limited bags ÂAsiaÂs most promising Brand by WCRC for the year 2017 under Transport Finance Category.
2017
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.
2018
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.
2020
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..
2022
