Shriram Transport Finance Co. Ltd. at its Board Meeting held on April 29, 2016, recommended a final dividend of INR 6 per share of INR 10 each (i.e. 60%) for the financial year ended March 31, 2016.

The Board of Directors of the Company has accepted the resignation of Mr. Umesh Revankar as Chief Executive Officer & Managing Director of the Company which will take effect from close of the business hours on April 29, 2016. The Board has appointed Mr. Jasmeet Singh Gujral as CEO & Managing Director in his place, with effect from April 30, 2016.