Please find attached herewith Monitoring Agency Report for the Quarter ended June 30, 2026.

Date: 07.08.2026 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 June 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 June 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 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: 511-512, 5th Floor, Meadows, Sahar Plaza, J. B. Nagar, Andheri (East), Mumbai 400 059 Phone : +91-22-69473400 Email : srmf@shriramamc.in, Website : www.shriramamc.in ICRA June2026 MONITORING AGENCYREPORT Name of the Issuer:Shriram Asset Management Company Limited For quarter ended: June30, 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 title "Comments of the Board of Directors", that shall be captured by the Issuer's Management/ Audit Committee 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 responsibility for such comments of the issuer's Management/Board. Signature: Parul Digitally signed by Parul Goyal Goyal Narang Date: 2026.07.31 Na rang 13:,s:o, +os•30• Parul Goyal Narang Vice President &Head-Process Excellence Analyst:Sweety Shaw Quality Analyst: Dhwani Vinchhi Sensitivity Label : Public ICRA June2026 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: Notapplicable since it's Preferential Issue. 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 ICRA June2026 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 the Issuer's 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 the Issuer's No comments deviations#from expenditures Applicable management disclosed in the Offer Document? Whether the means of finance for As confirmed by the Issuer's the disclosed objects of the issue No No comments management has changed? Is there any major deviation As confirmed by the Issuer's observed over the earlier No No comments management monitoring agency reports? Whether all Government/ statutory Not As confirmed by the Issuer's approvals related to the object(s) No comments Applicable management have been obtained? Whether all arrangements Not As confirmed by the Issuer's pertaining to technical assistance/ No comments Applicable management collaboration are in operation? Are there any favorable events Not As confirmed by the Issuer's As understood from the improving the viability of these Applicable management Issuer's management object(s)? Are there any unfavorable events Not As confirmed by the Issuer's As understood from the affecting the viability of the Applicable management Issuer's management object(s)? Is there any other relevant information that may materially As understood from the No As confirmed by the Issuer's affect the decision making of the Issuer's management 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 ICRA June2026 4. Details of the object(s) to be monitored. (i) Cost of object(s) Source of Comments of the Issuer's Board of information, Directors Original cost certifications Comments (as per the Revised considered by of the Particulars of S.N. Item Head offer cost Reason Proposed the Monitoring Monitoring firm document) [Rs. Crore] for cost financing Agency for the Agency arrangements [Rs. Crore] revision option preparation of made report Working capital Not Not 1 EGMNotice 60.00 requirements Applicable Applicable Business Expansion requirements including Not Not 2 expenses for technology EGM Notice 25.00 Applicable Applicable upgradation, Strategic marketing etc. General Corporate Not Not 3 EGM Notice 20.00 Purpose Applicable Applicable Total 105.00 Sensitivity Label : Public ICRA June2026 (ii) Progress in the object(s) Source of information, Comments of the Amount as Amount utilized Total certifications Issue r's Board of proposed [Rs. Crore] unutilized S. considered by the Comments of the Directors Item Head in the offer amount N. Monitoring Agency for As at the During At the Monitoring Agency Reasons Proposed document [Rs. the preparation of beginning of the end of the for idle course of [Rs. Crore] Crore] report the [Showing first 8,000 characters — download PDF for full document]