Shriram Capital Ltd (SCL), the holding company of the Shriram Group for its financial services and insurance ventures, has broad based its board with the induction of two directors - Arun Duggal as non-executive Chairman and G.S. Sundararajan as the Managing Director. The other directors on the board of SCL are D.V. Ravi and S. Natarajan. Mr. Ravi is also designated as the Managing Director.
SCL is the main promoter of the two listed companies, Shriram Transport Finance Company Ltd., the largest asset financing company in India, and Shriram City Union Finance Ltd, a leader in the retail finance. SCL is also the promoter of Shriram Life Insurance Company Ltd., Shriram General Insurance Ltd., Shriram Fortune Solutions, Shriram Insight Share Brokers and Shriram Wealth Management.
SCL's main role is to promote these companies, induct and strengthen leadership teams, provide strategic inputs and direction to help and nurture them to grow into large and profitable enterprises.