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Shriram Transport Finance Company Limited
 
 
 

Last Updated on December 17, 2019

 

Implementing Partners

  • Shriram Foundation
  • Collective Good Foundation
  • PanIIT Alumni Reach For India Foundation (PARFI)
  • Enable Health Society
  • Piramal Swasthya Management & Research Institute
  • The Krishna District Lorry Owners Association
  • Shiladhish Art & Research Institute
  • Rise India Foundation
  • Annai Charitable Trust
  • Chennai Mathematical Institute
  • Terna Public Chartable Trust
 
 
 

Thematic Areas

  • Eradication Hunger, Poverty, Malnutrition
  • Preventive Healthcare, Water and Sanitation
  • Education, Employability and Livelihoods Enhancement
  • Heritage conservation, Promoting Art, Craft and Culture, Public Libraries
  • Others
 
 
 
 
 

Shriram Transport Finance Company Limited

Wockhardt Towers, 3rd Floor, West Wing, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Mumbai, Maharashtra
 

Sector : Finance

International Origin : No

Company Type: Exchange Listed (BSE,NSE)

 
 

CSR Financial Details (INR Cr.)

Year
Actual CSR
Prescribed CSR
2018-2019
40.05 Cr
39.51 Cr
2017-2018
18.82 Cr
36.99 Cr
2016-2017
11.93 Cr
36.32 Cr
View all
 


Financial Insights

Estimated Prescribed CSR Budget FY 2019-20: INR 53.83 Cr


Company’s Statement for unspent in FY 2017-18: The performance of the implementing agency engaged on this project was far below the  company’s expectations necessitating search for multiple competent implementation agencies whose identification and shortlisting process took longer time than expected. The Company has  entered into memorandum of understanding with multiple new implementing agencies to replace existing implementing agency in the last quarter of the financial year. The new implementing agencies have good potential to meet company’s expectation to achieve targeted spend.

 

About the company

The Company is 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. The 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. Shriram understood 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 they 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. They did not have the heart to send the Truck Operator back empty handed; they decided to fund Pre-owned Trucks. This was the most momentous decision that they 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, they have been with him in his journey of Prosperity as he has been their partner in their road to success and leadership.

CSR Foundation Description

Shriram Foundation

Shriram Group established the Shriram Foundation in 1993 (incorporated initially as Shriram Social Welfare Trust) and has been mainly focusing on the following:

  • Education 
  • Orphan and destitute care
 
 

Headquarter and Plant/Office Locations

Headquarter: Mumbai-Maharashtra
 
Plant/Office Locations: Mumbai-Maharashtra, Tamil Nadu, Andhra Pradesh, Karnataka, Uttar Pradesh,
 

CSR projects of the company

 
Promoting Education and Eradicating Hunger
Project Budget: INR 0.33 Cr
The Company contributed to the CSR by carrying out various CSR activities in order to promote educat....
 
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Contribution to SVMC Kumbabhishekam Fund
Project Budget: INR 0.15 Cr
The Company contributed to the CSR by contributing towards SVMC Kumbabhishekam Fund, an initiative t....
 
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Flood relief
Project Budget: INR 2.23 Cr
The Company contributed to the CSR by contributing towards Chief Minister’s Distress Relief Fu....
 
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Mobile Medical Units & health Clinic
Project Budget: INR 6.43 Cr
Guided by the National Health Mission’s (NHM) vision of ensuring that all people in the countr....
 
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Driver's training
Project Budget: INR 2.33 Cr
The Company contributed to the CSR by contributing towards the skill development. The key focus of t....
 
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Contribution to Swachh Bharat Abhiyan
Project Budget: INR 0.25 Cr
The Company contributed to the CSR by contributing towards the Swachh Bharat Abhiyan, an initiative ....
 
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Truckers Transformation Abhiyan
Project Budget: INR 0.99 Cr
The Company contributed to the CSR by contributing towards the Truckers Transformation Abhiyan by cr....
 
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Promoting Education
Project Budget: INR 6.25 Cr
The Company contributed to the CSR by carrying out various Education related projects like Single Te....
 
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Scholarship Scheme
Project Budget: INR 12.49 Cr
The Company has contributed to the CSR by making specific contributions towards the achievement of t....
 
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Development of Traditional Arts
Project Budget: INR 6.07 Cr
The Company has contributed some amount of money for promotion of development of arts and culture.....
 
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Road Safety Programme
Project Budget: INR 0.10 Cr
The Company has contributed some amount of money for Road Safety Programme through The Krishna Distr....
 
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Education Initiatives
Project Budget: INR 0.35 Cr
The Company has contributed some amount of money for promoting education.....
 
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Drivers' Training Program
Project Budget: INR 1.56 Cr
The objective of Drivers’ training project is imparting training and skills for safe driving, ....
 
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Scholarship Scheme
Project Budget: INR 6.92 Cr
The Company has contributed some amount of money for providing scholarship to meritious students.....
 
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Mobile Medical Unit (MMU) & Mobile Health Clinic ( MHC)
Project Budget: INR 3.34 Cr
During the year 2017-18, the Company identified nine additional locations for implementation of the ....
 
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Protection & Development of Traditional Art
Project Budget: INR 0.13 Cr
In order to nurture the spark of creativity, SF organized an Art and Craft workshop for teachers at ....
 
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Drivers training
Project Budget: INR 7.04 Cr
 SF identified driver training as an ideal CSR initiative having synergies with the group&rsquo....
 
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HealthCare Initiative
Project Budget: INR 0.30 Cr
Medical Aid to orphaned/ abandoned children &  Mobile Van Project. MISSIONTo operate 1000 ....
 
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Disaster Relief during flood
Project Budget: INR 1.43 Cr
Medical aid for promoting health care including preventive health care. Food supply for eradicating,....
 
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Education & Enhancing Vocational Skills
Project Budget: INR 9.57 Cr
Shriram Matriculation School, (SMS) Thiruneermalai , is located in a calm rural milieu at the f....
 
More CSR Info >>
 
 
 

 
 

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