NSEGeneral Updates1d ago · 21 Sept 2026, 01:02 pm
General Updates
Shriram Finance Limited · SHRIRAMFIN
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Shriram Finance Limited has commenced tender offers to purchase up to $300 million of its outstanding $750 million 6.625% Senior Secured Notes due 2027 and up to $160 million of its outstanding $500 million 6.15% Senior Secured Notes due 2028.
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Full Announcement
Shriram Finance Limited has informed the Exchange about General Updates Tender Offer for purchase of certain Notes issued under the USD 3500000000 Global Medium Term Note Programme Launch Announcement
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September 21, 2026
BSE Limited National Stock Exchange of India Limited
P. J. Towers, Listing Department
Dalal Street, Fort, Exchange Plaza, 5th Floor,
Mumbai – 400 001 Plot no. C/1, G- Block,
Scrip Code: 511218 Bandra-Kurla Complex,
Mumbai – 400 051
NSE Symbol: SHRIRAMFIN
Dear Sir/Madam,
Sub.: Updates in accordance with Regulation 30 and other applicable provisions of the
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“Listing Regulations”) regarding Tender Offer for purchase of certain
Notes issued under the USD 3,500,000,000 Global Medium Term Note Programme (“GMTN
Programme”)
Further to our intimation dated September 16, 2026 and September 21, 2026, please find enclosed
herewith the announcement being filed with India International Exchange (IFSC) Limited (India
INX) and NSE IFSC Limited (NSE IX) with respect to a tender offer to purchase for cash (i) up
to U.S.$300,000,000 of U.S.$750,000,000 6.625 percent Senior Secured Notes due 2027 and (ii)
up to U.S.$160,000,000 of U.S.$500,000,000 6.15 percent Senior Secured Notes due 2028
(collectively, the “Notes”) issued by the Company under the USD 3,500,000,000 Global Medium
Term Note Programme (“GMTN Programme”) of the Company.
The intimation is being uploaded on the website of the Company at www.shriramfinance.in.
We request you to take the same on record.
Thanking you,
Yours faithfully,
for Shriram Finance Limited
U Balasundararao
Company Secretary & Chief Compliance Officer
Encl.:a/a
India International Exchange (IFSC) Limited (India INX)
NSE IFSC Limited (NSE IX)
Shriram Finance Limited
Corporate Office: Wockhardt Towers, Level -III, West Wing, C-2, G-Block, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 051, Maharashtra. Ph: +91 22 4095 9595
Registered Office. Sri Towers, Plot No.14A, South Phase, Industrial Estate, Guindy, Chennai – 600 032, Tamil Nadu, India. Tel: +91 44 485 24 666
Email: secretarial@shriramfinance.in I Website: www.shriramfinance.in I Corporate Identity Number (CIN) — L65191TN1979PLC007874
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON
LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE,
PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.
The India International Exchange (IFSC) Limited takes no responsibility for the contents of this announcement, makes
no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss
howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. This
announcement is for information purposes only and is not an offer to sell or the solicitation of an offer to acquire,
purchase or subscribe for any securities and neither this announcement nor anything herein forms the basis for any
contract or commitment whatsoever.
The distribution of the Tender Offer Memorandum (as defined below) in certain jurisdictions may be restricted
by law. Noteholders (as defined below) and any other person into whose possession the Tender Offer
Memorandum comes are required by the Company and the Dealer Managers (as defined below) to inform
themselves about, and to observe, any such restrictions.
Shriram Finance Limited announces the commencement of its Tender Offers for its outstanding
U.S.$750,000,000 6.625% Senior Secured Notes due 2027 and U.S.$500,000,000 6.15% Senior Secured Notes
due 2028.
Shriram Finance Limited
(Incorporated with limited liability in the Republic of India)
Offers to purchase for cash up to the applicable Maximum Acceptance Amount of each of the following series
of its outstanding notes
U.S.$750,000,000 6.625 per cent. Senior Secured Notes due 2027
CUSIP: 82556F AA0, ISIN: US82556FAA03, Common Code: 274419873 (Rule 144A)
CUSIP: Y775M1 BG7, ISIN: USY775M1BG76, Common Code: 274420057 (Regulation S)
U.S.$500,000,000 6.15 per cent. Senior Secured Notes due 2028
CUSIP: 82556F AB8, ISIN: US82556FAB85, Common Code: 290810337 (Rule 144A)
CUSIP: Y775M1 CJ0, ISIN: USY775M1CJ07, Common Code: 290810345 (Regulation S)
(the “2027 Notes” and the “2028 Notes”, respectively, and, together, the “Notes”, each a “Series”; and all holders of
such Notes, the “Noteholders”)
(each, a “Tender Offer” and, together, the “Tender Offers”)
September 21, 2026. Shriram Finance Limited (the “Company”) today announced that it has commenced offers to
purchase for cash (the “Tender Offers”, and each, a “Tender Offer”) up to the applicable Maximum Acceptance
Amount of each Series of its outstanding Notes. The Tender Offers are being made pursuant to a Tender Offer
Memorandum, dated September 21, 2026 (the “Tender Offer Memorandum”), which is available on the transaction
website (the “Transaction Website”) at https://projects.sodali.com/shriram. Capitalized terms used but not defined
herein have the meanings assigned to them in the Tender Offer Memorandum.
The following table sets out information regarding the Notes subject to the Tender Offers, including the applicable
Maximum Acceptance Amount and Purchase Price with respect to each Tender Offer:
Aggregate Maximum Additional
Description of CUSIP / ISIN / Outstanding Acceptance Interest Amount(2)
the Notes Common Code Principal Amount Amount(1) Purchase Price(2)
6.625 per cent. Rule 144A: 82556F U.S.$750,000,000 U.S.$300,000,000 U.S.$1,000 per U.S.$11.50 per
Senior Secured AA0 / US82556FAA03 / U.S.$1,000 in U.S.$1,000 in
Notes due 2027 274419873 principal amount principal amount
Regulation S: Y775M1 of 2027 Notes of 2027 Notes
BG7 / USY775M1BG76
/ 274420057
6.15 per cent. Rule 144A: 82556F AB8 U.S.$500,000,000 U.S.$160,000,000 U.S.$1,000 per U.S.$13.00 per
Senior Secured / US82556FAB85 / U.S.$1,000 in U.S.$1,000 in
Notes due 2028 290810337 principal amount principal amount
Regulation S: Y775M1 of 2028 Notes of 2028 Notes
CJ0 / USY775M1CJ07 /
290810345
(1) The Company will accept for purchase Notes of each Series validly tendered pursuant to the applicable Tender Offer up to (and not exceeding) the aggregate
maximum principal amount of that Series specified above (the “Maximum Acceptance Amount” for such Series and, together, the “Maximum Acceptance
Amounts”). If the aggregate principal amount of Notes of a Series validly tendered exceeds the applicable Maximum Acceptance Amount, the Company will
accept tenders of such Notes on a pro rata basis (disregarding fractions), as described under “Conditions of the Tender Offers”.
(2) In addition to the Purchase Price and Additional Interest Amount, the Company will also pay accrued and unpaid interest in cash (rounded to the nearest cent,
with U.S.$0.005 being rounded upwards) in respect of any Notes accepted for purchase pursuant to the applicable Tender Offer from, and including, the
immediately preceding interest payment date for the relevant Series to, but excluding, the Payment Date (the “Accrued Interest Payment”).
Each Tender Offer will expire at 5:00 p.m. (New York City time) on September 28, 2026, unless extended or earlier
terminated as described in the Tender Offer Memorandum (such time and date, as it may be extended, the “Expiration
Time”).
Noteholders who validly tender (and do not validly withdraw) their Notes at or prior to the Expiration Time will be
eligible to receive, in respect of Notes of the applicable Series accepted for purchase by the Company, a purchase
price of U.S.$1,000 per U.S.$1,000 principal amount of 2027 Notes and U.S.$1,000 per U.S.$1,000 principal amount
of 2028 Notes (each, in respect of the relevant Series, the “Purchase Price”). In addition to the applicable Purchase
Price, Noteholders whose Notes are accepted for purchase pursuant to a Tender Offer will be paid (i) an Additional
Interest Amount of U.S.$11.50 per U.S.$1,000 principal amount of 2027 Notes and U.S.$13.00 per U.S.$1,000
principal amount of 2028 Notes and (ii) accrued and unpaid interest, if any, in cash in respect of any Notes purchased
in the applicable Tender Offer from, and including, the
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