July 23, 2016 6:34 AM ET

Diversified Financial Services

Company Overview of Shriram Capital Limited

Company Overview

Shriram Capital Limited provides financial services and insurance solutions internationally. It offers commercial vehicle finance; consumer and enterprise finance, such as individual personal loans, small business loans, asset purchase loans, and loans against gold; and retail stock broking services. The company also provides life insurance solutions; general insurance solutions; and financial product distribution, including distribution of debentures/fixed deposits and investment products. In addition, it offers wealth advisory services in the areas of equity, mutual funds, portfolio management, insurance, structured and fixed income products, and other assets. Further, the company provides...

2nd Floor

Shriram House

No.4, Burkit Road

T. Nagar

Chennai,  600 017

India

Founded in 1974

Phone:

91 44 4905 2500

Fax:

91 44 2499 3272

Key Executives for Shriram Capital Limited

Chief Executive Officer, Managing Director and Director
Managing Director and Director
Age: 51
Compensation as of Fiscal Year 2016.

Shriram Capital Limited Key Developments

Shriram Capital Limited Presents at India Corporate Forum 2015: Banks and Financials, Jun-11-2015 10:00 AM

Shriram Capital Limited Presents at India Corporate Forum 2015: Banks and Financials, Jun-11-2015 10:00 AM. Venue: The Trident Hotel, Bandra Kurla Complex, Mumbai, Maharashtra, India. Speakers: Ramachandran Sridhar, Whole Time Director.

Shriram Seeks To Sell 23% Stake In Shriram Capital Limited To Sanlam

Shriram Group Pvt. Co. is planning to sell 23% stake in Shriram Capital Limited to Sanlam Limited (JSE:SLM). As the Cabinet clears Insurance Bill, that is to hike composite Foreign Equity Cap to 49%, the INR 60 billion Shriram Capital are gearing up to dilute 23% stake each to Sanlam. "If Regulations are changed to increase the limit placed on foreign ownership of insurance companies, SEM will consider increasing its effective stake in the Shriram insurance businesses. This may be achieved through a combination of an increased stake in Shriram Capital Limited and/or direct stakes in the Shriram insurance businesses," said Sanlam in an email response. On the benefits for Shriram, he said, "the company is not in need of capital, the stake dilution is to meet our obligation and what we have committed to Sanlam," Jain.

Shriram Capital Limited Appoints Ajay G. Piramal as Non-Executive Chairman

Mr. Ajay G. Piramal, Chairman of Piramal Enterprises Limited, has been appointed as the non-executive chairman of Shriram Capital Limited at its Board Meeting held on November 15, 2014.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 4, 2016
23% of Shriram Life Insurance Company Limited and 23% of Shriram General Insurance Co. Ltd.
 

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