Shriram Finance Approves Tender Offer to Purchase Up to US$460 Million Senior Secured Notes
The Banking & Finance Committee of Shriram Finance approved a tender offer to purchase the specified Senior Secured Notes for cash.
The offer covers up to US$300 million of the company's 6.625% Senior Secured Notes due 2027 and up to US$160 million of its 6.15% Senior Secured Notes due 2028.
The Notes were issued by Shriram Finance under its US$3.5 billion Global Medium Term Note Programme.
Shriram Finance Senior Secured Notes
The tender offer relates to two outstanding Note series:
- 6.625% Senior Secured Notes due 2027: Up to US$300 million.
- 6.15% Senior Secured Notes due 2028: Up to US$160 million.
The maximum aggregate principal amount covered by the approved tender offer is therefore US$460 million.
Shriram Finance stated that further information regarding the purchase of the Notes will be provided in accordance with applicable laws.
Shriram Finance Banking & Finance Committee Meeting
The Banking & Finance Committee meeting was held on September 21, 2026. The meeting commenced at 11:30 A.M. and concluded at 12:10 P.M.
The approval was disclosed under Regulation 30 and other applicable provisions of the SEBI Listing Regulations, 2015.
Shriram Finance Debt Repurchase Highlights
| Particulars | Details |
|---|---|
| Company | Shriram Finance Limited |
| Action | Tender offer to purchase Senior Secured Notes for cash |
| Total Notes Covered | Up to US$460 million |
| 2027 Notes | Up to US$300 million of 6.625% Senior Secured Notes due 2027 |
| 2028 Notes | Up to US$160 million of 6.15% Senior Secured Notes due 2028 |
| Programme | US$3.5 billion Global Medium Term Note Programme |
| Approval Date | September 21, 2026 |
| Committee | Banking & Finance Committee |
| Meeting Time | 11:30 A.M. to 12:10 P.M. |
| Regulatory Disclosure | Regulation 30 of the SEBI Listing Regulations, 2015 |
What to Watch Next
- Investors may track further disclosures from Shriram Finance regarding the tender offer and purchase of the Notes.
- Further company intimations may provide details on the progress and outcome of the Note repurchase.
- Investors can also monitor subsequent regulatory filings for updates related to the company's outstanding debt.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
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