Please find attached herewith Statement of Deviation or Variation 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 Subject: Compliance under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the quarter ended September 30, 2026 Dear Sir/Madam, Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that there is no deviation or variation in the use of proceeds raised through Preferential Issue from the objects stated in the “Letter of Offer”/EGM Notice for Preferential Issue. A statement confirming that there is no deviation or variation in the utilization of these proceeds for the quarter ended September 30, 2026, duly reviewed by the Audit Committee in the meeting held today i.e. October 28, 2026, is enclosed herewith as “Annexure A”. 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 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 Statement of Deviation / Variation in utilization of funds raised: Annexure A Name of listed entity Shriram Asset Management Company Limited Mode of Fund Raising Preferential Allotment Date of Raising Funds April 23, 2025 Amount Raised Rs. 105 crores Report filed for Quarter ended September 30, 2026 Monitoring Agency Yes Monitoring Agency Name, if applicable ICRA Limited Is there a Deviation / Variation in use of No funds raised If yes, whether the same is pursuant to Not Applicable change in terms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Not Applicable Variation Comments of the Audit Committee after Not Applicable review Comments of the auditors, if any No Comments Objects for which funds have been raised and where there has been a deviation, in the following table Original Object Modified Original Revised Modifie Funds Amount of Remarks, if Object, if Allocation Allocation d Utilised Deviation any any allocati till /Variation on, if Septemb for the any er 30, quarter 2026 according to applicable object 1. Working Capital Not Rs. 60 Not Not Rs. 41.77 Not No requirements Applicable crores Applicable Applica crores Applicable Deviation 2. Business Not Rs. 25 Not Not Rs. 5.59 Not No Expansion Applicable crores Applicable Applica crore Applicable Deviation requirements ble including expenses for technology upgradation, 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 Strategic marketing etc. 3. General Corporate Not Rs. 20 Not Not Rs. 5.54 Not No Purpose Applicable crores Applicable Applica crores Applicable Deviation Total Rs. 105 Rs. 52.90 crores crores Deviation or variation could mean: Deviation in the objects or purposes for which the funds have been raised or Deviation in the amount of funds actually utilized as against what was originally disclosed or change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc. for SHRIRAM ASSET MANAGEMENT COMPANY LIMITED Vinita A. Kapoor Company Secretary & Lead - Legal 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