SFShriram Finance511218Subsidiary or JV

Wholly owned subsidiary renamed Shriram Gilts after RBI no-objection for Primary Dealer business

Wholly owned subsidiary renamed.

By ScoutQuest · Fri 16 Oct 2026, 11:13 AM IST · 1 min read

Old subsidiary name

Shriram Overseas Investments Limited

New subsidiary name

Shriram Gilts Limited

Effective date

October 15, 2026

What the company intimated

• The name of the company's wholly owned subsidiary has been changed from Shriram Overseas Investments Limited to Shriram Gilts Limited.
• The change is effective October 15, 2026.
• The company states the event occurred on October 15, 2026 at 2.54 p.m.

What the change follows

• The company had earlier informed the exchanges, by its intimation dated April 15, 2026, that it had received an in-principle approval from the Reserve Bank of India (RBI) to commence Primary Dealer (PD) business, subject to compliance with conditions specified therein.
• The name change is based on a No Objection received from RBI, and has been approved by the Ministry of Corporate Affairs (MCA).
• The company has asked the exchanges to take this intimation on record under Regulation 30 of the Listing Regulations.

How a retail investor can read this

• The entity concerned is a wholly owned subsidiary; the intimation concerns its name, and it continues to be a wholly owned subsidiary of the company.
• The name change is the final step in a sequence the company had already flagged: the RBI in-principle approval for PD business, then the RBI No Objection, then MCA approval of the new name.
• The intimation does not alter the company's own name or its listed securities; the letter is addressed to the exchanges with the company's scrip code 511218 on BSE and symbol SHRIRAMFIN on NSE.

What to take away

• This is an administrative and naming update relating to a subsidiary, sitting on top of an earlier RBI approval for a new business line at that subsidiary.
• The practical detail to note is the identity of the entity going forward: any future disclosures about the PD business would come under the name Shriram Gilts Limited.

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