Promoters

Shriram General Insurance is a Joint Venture of Shriram Group (India) and Sanlam of South Africa, wherein Shriram Capital Limited holds around 67% stake and Sanlam holds around 23% stake.

Shriram Capital Limited (SCL) is the overarching holding company for the Financial Services and Insurance entities of the Shriram Group, created with the primary objective of optimising the synergies across the Group’s entities.

SCL and its operating entities have an overall customer base of over 12 Million, around 77,000 employees across 3,850 offices, net profit of INR 22 billion with Assets Under Management (AUM) over INR 1,500 billion.

SCL is well-positioned to take the Group to the next strategic level by consolidating its position in some critical businesses like Transport Finance and SME Finance and providing the necessary impetus to grow its Retail Finance businesses.

SCL helps to grow the Insurance businesses (both Life & General Insurance) in the Group with optimal profit. The strategic reorientation of SCL will help Shriram Group become a significant and profitable enterprise in various facets of the Financial Services businesses in India and overseas.

Sanlam is a diversified financial services company founded in South Africa, with a strong presence in 33 countries on the African continent and a niche presence in India, Malaysia and selected developed markets. Santam is a part of Sanlam Limited, engaged in a short-term insurance cluster and is the leading short-term insurance company in South Africa.