Please find enclosed herewith Monitoring Agency Report for the quarter ended September 30, 2026.

Date: 28.10.2026 The Secretary, BSE LIMITED, P J Towers, Dalal Street, Mumbai - 400 001. Scrip Code: 531359 Dear Sir/Madam, Sub: Monitoring Agency Report for the quarter ended September 30, 2026 Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, read with Regulation 162A(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, please find enclosed the Monitoring Agency Report for the quarter ended September 30, 2026, with respect to the utilization of proceeds raised through the Preferential Issue by the Company. The aforesaid information is also being made available on the website of the Company at www.shriramamc.in. You are requested to take the above intimation on record. Thanking you, Yours faithfully, For Shriram Asset Management Company Limited Vinita A. Kapoor Company Secretary & Lead – Legal Encl: As above Shriram Asset Management Company Limited SEBI Registration No. MF/017/94/4, CIN : L65991MH1994PLC079874 Regd. Office: 217, 2nd Floor, Swastik Chambers, near Junction of S.T. & C.S.T. Road, Chembur, Mumbai 400 071 Phone : +91-22-40060810 / 40060815 Head Office: 862, 6th Floor, Building No. 8, Solitaire Corporate Park, J. B. Nagar, Andheri (East), Mumbai 400 093 Phone : +91-22-69473400 Email : srmf@shriramamc.in, Website : www.shriramamc.in ICRA Limited Date: October 16, 2026 Mrs. Jaya Innani Chief Financial Officer Shriram Asset Management Company Limited 511-512, 5th Floor, Meadows, Sahar Plaza, Andheri-Kurla Road, Andheri East, Mumbai 400 059 Dear Madam, Re: Final Monitoring Agency report of Shriram Asset Management Company LimitedforQ2FY2027 Please refer to agreement dated July 17, 2025,appointing ICRA Limited as the Monitoring Agency (MA)for Shriram Asset Management Company Limited PreferentialAllotment. After due consideration, ICRA has prepared the attached final Monitoring Agency report as per SEBI (Issue of Capital and Disclosure Requirements) Regulations for Q2FY2027. Please note that the Monitoring Agency report does not constitute a commentary on the quality of the objects of the issue, appropriateness or reasonableness of costs or spending by Shriram Asset Management Company Limitedagainst any objects / heads or assurance on outcome of such spending. We thank you for your kind cooperation extended during the course of Q2FY2027. Should you require any clarification, please do not hesitate to get in touch with us. We look forward to your communication and assure you of our best services. With kind regards For ICRA Limited Parul Goyal Narang Vice President & Head-Process Excellence parul.goyal@icraindia.com ICRA Limited Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41 Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002 www.icra.in info@icraindia.com +91-93547-38909 +0124-4545300 CIN: L74999DL1991PLC042749 Sensitivity Label : Public September2026 MONITORING AGENCYREPORT Name of the Issuer:Shriram Asset Management Company Limited For quarter ended: September30, 2026 Name of the Monitoring Agency:ICRA Limited (a) Deviation from the objects of the issue: Nodeviation -the utilization of the issuance proceeds is in line with the objects of the issue. (b) Range of deviation: Not Applicable Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit relatedanalyses. We confirm that we do not perceive any conflict of interest in such relationship/ interest while monitoring and reporting the utilization of the issue proceeds by the issuer. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no Signature: Parul Goyal Narang Vice President &Head-Process Excellence Analyst:Sweety Shaw Quality Analyst: Dhwani Vinchhi Sensitivity Label : Public September2026 1. IssuerDetails Name of the Issuer: ShriramAsset Management Company Limited Name(s) of the promoters: Promoters Shriram Credit Company Limited Sanlam Emerging Markets (Mauritius) Limited Source: BSE.com Industry/ sector to which it belongs:Asset Management Company 2. Issue Details Issue Period:Openingdate-9thApril 2025 Closingdate-23rdApril 2025 Type of Issue:Preferential Allotment Type of specified securities:Equity shares IPO Grading, if any: Not Issue Size (INRCrore):105.0000030 With OFS portion: Not Applicable Excluding OFS portion: Not Applicable Net Proceed: INR105.00Crore(38,88,889equity shares@270 each share=INR 105.0000030crore) Sensitivity Label : Public September2026 3. Details of the arrangement made to ensure the monitoring of issue proceeds. Source of information, Comments of certifications considered by the Comments of the Particulars Reply Monitoring Agency for the Monitoring Agency Board of preparation of report Directors -Peer Reviewed CA Certificate Whether all utilization is as per the -Confirmation from management Yes No deviation observed disclosures in the Offer Document? -Bank statement of the proceeds account/ corresponding account Whether shareholder approval has been obtained in case of material Not As confirmed by No comments deviations#from expenditures Applicable management disclosed in the Offer Document? Whether the means of finance for the disclosed objects of the issue No No comments management has changed? Is there any major deviation observed over the earlier No No comments management monitoring agency reports? Whether all Government/ statutory approvals related to the object(s) No comments Applicable management have been obtained? Whether all arrangements pertaining to technical assistance/ No comments Applicable management collaboration are in operation? Are there any favorable events Not As understood from the improving the viability of these Applicable management object(s)? Are there any unfavorable events Not As understood from the affecting the viability of the Applicable management object(s)? Is there any other relevant information that may materially As understood from the affect the decision making of the management investors? #Where material deviation is defined to mean: (a) Deviation in the objects or purposes for which the funds had been raised (b) Deviation in the amount of funds actually utilized by more than 10% of the amount specified in the offer document Sensitivity Label : Public September2026 4. Details of the object(s) to be monitored. (i) Cost of object(s) Source of information, Directors Original cost certifications Comments (as per the Revised considered by of the Particulars [Showing first 8,000 characters — download PDF for full document]