Shriram Finance's board of directors on Friday approved the sub-division of 1 equity share into 5 fully paid equity shares and will set the record date for the purpose of split after obtaining shareholders' approval.
The announcement was made after market hours along with the company's September quarter earnings where the NBFC reported a profit after tax (PAT) growth of 18.3% at Rs 2,071.26 crore as against Rs 1,750.84 crore recorded in the same period of the previous year.
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