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Shriram Transport Finance Company Limited is India's largest player in

commercial vehicle finance that was established in the year 1979.The

company has a network of 488 branches and service centers.We are one of

the largest asset financing NBFCs in India with a niche presence infinancing pre-owned trucks and Small Truck Owners (STOs).

We are a part of the "SHRIRAM" conglomerate which has significant

presence in financial services viz., commercial vehicle financing business,

consumer finance, life and general insurance, stock broking, chit funds and

distribution of financial products such as life and general insurance

products and units of mutual funds. Apart from these financial services, the

group is also present in non-financial services business such as property

development, engineering projects and information technology.

Our Company was incorporated in the year 1979 and is registered as a

Deposit taking NBFC with Reserve Bank of India under Section 45IA of the

Reserve Bank of India Act, 1934.

STFC decided to finance the much neglected Small Truck Owner. Shriramunderstood the power of 'Aspiration' much before marketing based on

'Aspiration' became fashionable. Shriram started lending to the Small Truck

Owner to buy new trucks. But we found a mismatch between the Aspiration

and Ability. The Truck Operator was honest but the Equity at his command

was not sufficient to support the credit levels required to buy a new truck.

We did not have the heart to send the Truck Operator back empty handed;

we decided to fund Pre-owned Trucks. This was the most momentous

decision that we made. What followed was Sheer magic.

From Driver to Owner, even if only of a Pre-owned Truck and from Pre-

owned Truck to the New Truck, we have been with him in his journey of

Prosperity as he has been our partner in our road to success and

leadership.

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For us at Shriram, credit-worthiness of the Small Truck Owner has always

been an article of faith. This faith has guided our journey from our

pioneering days in financing Small Truck Owners to the present day

leadership. Today we are not only the leader in Truck Finance; we are alsoIndia's largest Asset Based Non-Banking Finance Company.

The inability of the economists to capture data relating to the economic

activity of the informal sector has resulted in its neglect at the policy-making

levels in the government.

The distribution of Truck Ownership being scattered among a large numberof individuals has resulted in this very important group being missed by the

institutional radar.

It is estimated that 80% of trucks in the country are in the hands of

individuals.

Companysjourneyhas seen them making several innovationswhile we stood at the very edge of Organized Finance. The Banks and

Institutions were guided by the Economists' vision; the Small Truck Owner

who always fell on their blind side was given the miss.

With a track record of about 30 years in this business, we are among the

leading organized finance provider for the commercial vehicle industry with

a focus to provide various credit facilities to STOs. We have also added

passenger commercial vehicles, multi-utility vehicles, three wheelers,

tractors and construction equipment to our portfolio, making us a

diversified, end to end provider of finance solutions to the domestic road

logistics industry. Besides financing commercial vehicles (both new and pre-

owned) we also extend finance for tyres, engine replacement and working

capital. We also provide ancillary services such as freight bill discounting

besides offering co-branded credit cards.

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Our pan-India presence through our widespread network of branches has

helped in our overall growth over the years. As on March 31, 2011 we had

488 branches and tie up over 500 private financiers across the country. Ason March 31, 2011 our total employee strength was 16919, including more

than 9,830 product executives and credit executives who are colloquially

referred to as our field force.

We have demonstrated consistent growth in our business and profitability.

Our assets under management have grown by a compounded annual growth

rate (CAGR) of 40.68% from Rs. 7,436.51 crores in FY 2006 to Rs. 36,086crores in FY 2011. Our total income and profit after tax increased from Rs.

908.67 crores and Rs. 141.64 crores in FY 2006 to Rs. 4,499.64 crores and

Rs. 873.12 crores in FY 2010 at a CAGR of 49.17% and 57.57%, respectively