Shriram AMC Shares Surge 11% After ₹105 Crore Investment by Sanlam as Co-Promoter
May 27, 2025
Shriram Asset Management Company Ltd. (Shriram AMC) saw its stock jump 11% today, reaching ₹494 on the BSE, after announcing it raised ₹105 crore in growth capital. This boost in funds led Sanlam Emerging Markets (Mauritius) Ltd. (SEMM) to acquire a 23% stake,