Hi. Shriram AMC is held by Shriram Credit Company Ltd. Shriram Credit company was held by Shriram Capital Limited which was merged into Shriram Transport and Shriram city union to form Shriram Finance. Since Shriram Capital limited’s FY23 AR was not available on their website, I had referred to S&P’s portal for shareholding. Below pic taken from S&P’s portal and for reference only pls.
As regards to your query on why AR doesn’t reflect Shriram Credit company as subsidiary, I will mail this to the company secretary of Shriram AMC.
Regarding Shriram One app, they are incorporating MF biz in the Shriram One app as per their app support team. Also they are bring thier own Shriram MF app as per their social media team. So this will help accelerate the AUM increase.
Their strategy of Quant + Fundamental approach explained by CEO and CIO in the below video.
https://www.youtube.com/watch?v=ru5k3uZoqXM – CEO
https://www.youtube.com/watch?v=14m5DC0DEio – CIO
Disclosure: Invested. No shares sold recently. No change in view.
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