The Securities Issue Committee of Shriram Asset Management Company Ltd at its meeting held on September 08, 2015 has allotted 10,00,000 (Ten Lacs) 'Redeemable Non-Convertible Preference Shares' (RNCPS) of face value of Rs.100/- (Rupees One Hundred Only) each aggregating to Rs. 10,00,00,000/- (Rs. Ten Crores Only) to entities.