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📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
153 announcements match the current filters (relevance ≥ 5).
Shriram Finance Gets CCI Nod for MUFG Bank's Investment of 47.11 Crore Equity Shares
Shriram Finance Limited has received a major regulatory clearance from the Competition Commission of India (CCI) for a proposed investment by MUFG Bank Ltd. The deal involves the issuance of 47,11,21,055 equity shares to MUFG Bank via a preferential issue on a private placement basis. This follows the initial investment agreement signed on December 19, 2025. While the CCI approval is a critical milestone, the final consummation of the transaction remains subject to other conditions precedent as per the agreement.
Key Highlights
CCI approved the proposed investment by MUFG Bank Ltd in Shriram Finance on March 25, 2026.
The transaction involves the preferential issuance of 47,11,21,055 equity shares.
The investment is based on an agreement executed between the company and the investor on December 19, 2025.
Capital infusion from a global banking giant like MUFG is expected to significantly strengthen the company's balance sheet.
👀 What to Watch
Investors should view this regulatory clearance as a positive step toward a significant capital infusion that will likely improve capital adequacy and growth prospects. Monitor for the final allotment of shares and the specific pricing details once the transaction is consummated.
DCM Shriram to Raise USD 90 Million from IFC via Sustainability-Linked NCDs
DCM Shriram Limited has secured a USD 90 million investment commitment from the International Finance Corporation (IFC) through Sustainability-Linked Non-Convertible Debentures (NCDs). The capital is earmarked for the expansion of the company's downstream chemicals business and capital expenditures in its agri-business segment. This transaction is structured under a newly developed Sustainability-Linked Loan framework, independently assured by CareEdge ESG. The partnership aims to enhance industrial capabilities and support rural job creation while aligning with global ESG standards.
Key Highlights
Secured USD 90 million investment commitment from IFC, the private sector arm of the World Bank Group
Funds to be raised through Sustainability-Linked Non-Convertible Debentures (NCDs)
Proceeds allocated for downstream chemicals expansion and agri-business growth initiatives
Framework independently reviewed and assured by CareEdge ESG to ensure transparency
Strategic focus on strengthening the manufacturing base and rural supply chains in India
👀 What to Watch
This is a positive signal as it secures long-term growth capital from a reputable global institution at likely competitive terms. Investors should monitor the timely execution of the chemicals expansion project, which is expected to be a key value driver.
Shriram Finance Subsidiary Applies for RBI Primary Dealer License
Shriram Finance's wholly-owned subsidiary, Shriram Overseas Investments Limited, has formally applied to the RBI for a Primary Dealer license on March 12, 2026. This follows a prior announcement made on August 13, 2025, indicating the group's strategic intent to enter the government securities market. A Primary Dealer license would enable the subsidiary to participate in primary auctions and act as a market maker in sovereign debt. This move is expected to diversify the company's financial services portfolio beyond its core lending business.
Key Highlights
Application for Primary Dealer license submitted to RBI on March 12, 2026.
Shriram Overseas Investments Limited is a 100% subsidiary of Shriram Finance.
The move follows through on a strategic update first shared on August 13, 2025.
The license will allow the group to deal directly in government securities and treasury operations.
👀 What to Watch
Monitor for the RBI's decision on the license application as it could provide a new growth lever in the institutional debt market.
DCM Shriram to Invest Rs 217 Cr for 48 MW Renewable Energy Project at Bharuch Plant
DCM Shriram's board has approved a total investment of Rs 217 crores to significantly enhance renewable energy capacity at its Bharuch facility. The plan involves an equity investment of up to Rs 87 crores for a minimum 26% stake in Special Purpose Vehicles and a capital expenditure of Rs 130 crores for infrastructure. This project will add 48 MW of renewable power, nearly doubling the plant's current RE provision from 50.4 MW to 98.4 MW. The project is expected to be completed by June 2027, aiming for 30 MW of round-the-clock power supply.
Key Highlights
Approved equity investment of up to Rs 87 crores for minimum 26% stake in RE SPVs
Sanctioned Rs 130 crores for infrastructure development related to the power project
Total renewable power capacity at Bharuch plant to increase from 50.4 MW to 98.4 MW
Project aims to provide 30 MW round-the-clock power at 75% Capacity Utilization Factor
Indicative timeline for project completion is set for June 2027
👀 What to Watch
Investors should monitor the progress of this green energy transition as it is likely to reduce long-term power costs and improve ESG ratings. The substantial increase in RE capacity at the Bharuch plant suggests a focus on operational efficiency and sustainability.
Shriram Properties Resolves ₹259 Cr Kolkata Liability; Targets Up to ₹1,500 Cr FY26 Revenue
Shriram Properties has successfully settled a long-standing ₹259 crore liability regarding its Kolkata land parcel through land conveyance instead of cash, unlocking a 314-acre site for future development. For 9M FY26, the company achieved sales of ₹1,691 crores, a 5% YoY increase in value, despite administrative delays in Bangalore. Management has issued strong guidance for the full year FY26, targeting revenues of ₹1,300-1,500 crores and earnings of ₹90-100 crores. The company maintains a robust financial position with a debt-equity ratio of 0.3:1 and a healthy project pipeline.
Key Highlights
Settled ₹259 crore Kolkata royalty liability via conveyance of 42.37 acres with zero cash outflow.
9M FY26 sales value reached ₹1,691 crores, up 5% YoY, on volumes of 2.86 million sq. ft.
Full-year FY26 guidance projects revenue of ₹1,300-1,500 crores and PAT of ₹90-100 crores.
Operating cash flow (CFO) grew 23% YoY to ₹193 crores during the nine-month period.
Kolkata land parcel expected to unlock over ₹1,500 crores in cash flows over the next five years.
👀 What to Watch
The resolution of the Kolkata land dispute removes a major legal and financial overhang, significantly improving the company's valuation outlook. Investors should stay positive as the company enters a high-growth phase in Q4, supported by a strong launch pipeline and stabilized registration processes in Bangalore.
CARE assigns 'AAA; Stable' rating to Shriram Finance's ₹50,000 Cr bank facilities
CARE Ratings has assigned and reaffirmed its highest 'CARE AAA; Stable' rating for Shriram Finance’s various debt instruments, including a significant ₹50,000 crore in bank facilities. The rating agency highlighted the company's leadership in used commercial vehicle financing and its successful diversification into MSME and gold loans post-merger. SFL's AUM stood at ₹291,709 crore as of December 2025, supported by a pan-India network of 3,225 branches. The report also views the potential 20% equity stake sale to MUFG as a positive driver for future global funding access.
Key Highlights
New 'CARE AAA; Stable' rating assigned to ₹50,000 crore bank facilities and ₹7,631.12 crore NCDs.
Reaffirmed 'CARE AAA; Stable' for Fixed Deposits and existing NCDs, and 'CARE A1+' for ₹7,500 crore Commercial Paper.
Assets Under Management (AUM) reached ₹291,709 crore as of December 31, 2025, with a 19% 3-year CAGR.
Consolidated net worth remains strong, further bolstered by the ₹3,929 crore sale of the housing finance subsidiary.
Strategic interest from MUFG for a 20% stake is expected to enhance governance and global funding linkages.
👀 What to Watch
The attainment of the highest credit rating (AAA) is a significant milestone that likely reduces borrowing costs and improves margins. Long-term investors should remain positive given the strong capital adequacy and the upcoming strategic investment from MUFG.
Shriram Properties Acquires Bengaluru Land with ₹550-600 Cr GDV Potential
Shriram Properties has completed the outright purchase of a 4-acre land parcel on Sarjapur Main Road, Bengaluru. The company plans to develop a premium high-rise residential project with a total saleable area of approximately 5 lakh sq. ft. The project has an estimated Gross Development Value (GDV) of ₹550-600 crores and is slated for launch in late 2026. This move strengthens SPL's presence in a high-growth IT corridor and adds to its robust development pipeline of 36 million sq. ft.
Key Highlights
Acquired ~4 acres of prime land on Sarjapur Main Road, Bengaluru, through an outright purchase.
Proposed development of ~5 lakh sq. ft. saleable area for a premium high-rise residential project.
Estimated Gross Development Value (GDV) of the project is between ₹550 crore and ₹600 crore.
Project launch is scheduled for the latter part of 2026, targeting the mid-market and mid-premium segments.
Strengthens SPL's total development pipeline, which stood at 36 msf potential as of December 31, 2025.
👀 What to Watch
This acquisition provides clear revenue visibility for the medium term; investors should monitor the company's ability to maintain its launch momentum and pre-sales velocity in late 2026.
Shriram Properties Q3 Sales at Rs 565 Cr; Resolves Kolkata Land Issue Despite Rs 7 Cr Net Loss
Shriram Properties reported a net loss of Rs 7 crores in Q3 FY26, primarily due to revenue recognition delays caused by the new e-Khata system in Bengaluru. Despite the bottom-line impact, the company achieved a sales value of Rs 565 crores in Q3 and Rs 1,691 crores for 9M FY26. A major strategic milestone was reached with the amicable resolution of the Kolkata land issue, unlocking a potential GDV of Rs 3,000 crores over the next five years. Management remains optimistic about a strong Q4 recovery, citing a pipeline of over 1,200 home handovers.
Key Highlights
Q3 FY26 sales value reached Rs 565 crores with 0.9 msf volume despite launch deferments.
Resolved long-standing Kolkata land issue, unlocking potential GDV of Rs 3,000 crores over 5 years.
Reported a net loss of Rs 7 crores for Q3 due to administrative delays in revenue recognition.
9M FY26 aggregate sales value stood at Rs 1,691 crores with collections of Rs 1,150 crores.
Strong Q4 outlook with over 1,200 homes scheduled for handover in Kolkata and Chennai markets.
👀 What to Watch
Investors should monitor the execution of the 1,200+ unit handovers in Q4 to ensure the deferred revenue is captured. The Kolkata land resolution is a significant long-term positive for the company's asset monetization strategy.
Shriram Properties Q3 FY26: Kolkata Land Issue Resolved; 9M Revenue Up 27% to ₹694 Cr
Shriram Properties reported a 27% YoY increase in 9M FY26 revenue to ₹694 crore, despite a temporary Q3 net loss of ₹7 crore due to deferred revenue recognition in Bangalore. A major highlight is the resolution of the Kolkata land dispute, settling a ₹259 crore liability with no cash outflow and unlocking potential cash flows of over ₹1,500 crore over five years. Operational momentum remains strong with 9M collections up 20% YoY to ₹1,150 crore and a healthy net debt-to-equity ratio of 0.3x. The company anticipates a record Q4 with a revenue recognition potential exceeding ₹800 crore as administrative hurdles in Bangalore stabilize.
Key Highlights
Resolved ₹259 crore Kolkata royalty liability with zero cash outflow, unlocking ₹1,500 crore+ future cashflow potential.
9M FY26 Revenue and EBITDA both grew by 27% YoY to ₹694 crore and ₹83 crore respectively.
9M FY26 collections increased 20% YoY to ₹1,150 crore, supported by 2,117 unit handovers.
Added 2.8 msf of new projects in 9M FY26 with an estimated Gross Development Value (GDV) of ₹2,900 crore.
Q4 FY26 revenue recognition visibility is high at ₹800 crore+ following the resolution of Bangalore OC and e-Khata issues.
👀 What to Watch
Investors should focus on the significant value unlock from the Kolkata land settlement and the strong 9M operational growth rather than the temporary Q3 accounting loss. Monitor the company's ability to execute its heavy Q4 launch pipeline and meet the ₹800 crore revenue recognition target.
Shriram Properties Approves Q3 and Nine-Month FY26 Financial Results
Shriram Properties Limited's Board of Directors met on February 14, 2026, to approve the unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025. The meeting, which lasted approximately 85 minutes, concluded with the adoption of the results and the Limited Review Report from statutory auditors. While the cover letter does not detail specific revenue or profit figures, it confirms the formal release of the company's performance data for the period. Investors should now examine the full financial statements to evaluate the company's trajectory in the residential real estate market.
Key Highlights
Board approved unaudited financial results for the quarter and nine months ended December 31, 2025
The Board meeting commenced at 12:00 Noon and concluded at 01:25 P.M. on February 14, 2026
Approval covers both Standalone and Consolidated financial statements for the reporting period
Statutory Auditors have submitted a Limited Review Report as per SEBI regulations
👀 What to Watch
Investors should analyze the detailed financial tables for growth in pre-sales and collections. Monitor the company's debt-to-equity ratio and project execution timelines in its core Bengaluru and Chennai markets.
Shriram Finance Assigned 'CARE AAA; Stable' Rating for Rs 57,631 Crore Debt Facilities
Shriram Finance Limited has been assigned top-tier credit ratings by CARE Ratings for its bank facilities and NCDs. The agency assigned 'CARE AAA; Stable' to Rs 50,000 crore in bank facilities and Rs 7,631.12 crore in proposed Non-Convertible Debentures. This 'AAA' rating is the highest possible, indicating a very low risk of default and superior safety for debt repayment. For a large NBFC, these ratings are critical as they enable the company to raise funds at lower interest rates, thereby protecting net interest margins.
Key Highlights
CARE Ratings assigned 'CARE AAA; Stable' and 'CARE A1+' for Rs 50,000 crore of bank facilities.
Proposed Non-Convertible Debentures (NCDs) worth Rs 7,631.12 crore assigned 'CARE AAA; Stable'.
The 'AAA' rating signifies the highest degree of safety regarding timely servicing of financial obligations.
The ratings cover a total debt exposure of approximately Rs 57,631.12 crore.
This new rating assignment reflects the company's strong credit profile and balance sheet stability.
👀 What to Watch
The 'AAA' rating reinforces Shriram Finance's position as a high-quality borrower, which should help maintain its competitive edge in the lending market. Investors can take this as a sign of financial stability and potential for sustained margins due to lower cost of funds.
Shriram Finance: RBI Clears MUFG Bank's Preferential Issue of 47.11 Crore Equity Shares
Shriram Finance has received a significant regulatory update regarding its proposed preferential issue to MUFG Bank Ltd. The Reserve Bank of India (RBI) has confirmed that MUFG Bank does not require prior approval for the acquisition of 47,11,21,055 equity shares. This transaction follows the Investment Agreement signed on December 19, 2025, aimed at strengthening the company's capital base. While this clears a major regulatory hurdle, other necessary approvals for the private placement are still pending.
Key Highlights
RBI confirms no prior approval is required for MUFG Bank to proceed with the investment.
The proposed transaction involves the issuance of 47,11,21,055 equity shares on a private placement basis.
The deal is part of an Investment Agreement originally dated December 19, 2025.
Company is still awaiting other necessary approvals to finalize the transaction.
👀 What to Watch
Investors should view this as a positive milestone that reduces regulatory uncertainty for a major capital infusion. Monitor for subsequent announcements regarding the finalization of other pending approvals.
Shriram Finance Approves MUFG Nominees for Board Pending 47.11 Crore Share Issuance
Shriram Finance has determined that two nominees from MUFG Bank Ltd, Mr. Morihiko Fuji and Mr. Shinichi Fujinami, satisfy the 'fit and proper' criteria for appointment as directors. This move is part of a strategic investment agreement dated December 19, 2025, which involves the issuance of 47,11,21,055 equity shares to MUFG Bank. The final appointments are subject to mandatory approval from the Reserve Bank of India (RBI) and the successful consummation of the share allotment. This partnership with a global banking major is expected to strengthen the company's governance and capital position.
Key Highlights
Board assessed Mr. Morihiko Fuji and Mr. Shinichi Fujinami as 'fit and proper' for Non-Executive Director roles.
The appointment is linked to the issuance of 47,11,21,055 equity shares to MUFG Bank Ltd.
Final approval is contingent upon written clearance from the Reserve Bank of India (RBI).
The move follows the investment agreement executed between Shriram Finance and MUFG on December 19, 2025.
👀 What to Watch
Investors should view the entry of MUFG Bank as a strategic positive that validates the company's growth trajectory and capital strength. Monitor the timeline for RBI approval and the final allotment of shares as these are the next key milestones.
Shriram Properties Resolves Kolkata Land Dispute; Unlocks Rs 3,000 Cr GDV Potential
Shriram Properties has amicably resolved a long-standing commercial dispute with the West Bengal Government by conveying 42.37 acres of land at Uttarpara. This resolution discharges the company of all obligations and clears the path to develop its remaining 314-acre land parcel in Kolkata. The company plans to launch new projects totaling 5-6 million sq. ft. with an estimated Gross Development Value (GDV) of Rs. 3,000 crores over the next five years. Furthermore, the company intends to monetize surplus land and FSI to unlock significant incremental value for shareholders.
Key Highlights
Amicably resolved long-pending dispute with West Bengal Government by conveying 42.37 acres of land.
Unlocks potential for 5-6 million sq. ft. of new development with ~Rs. 3,000 crores GDV over 5 years.
Company has already developed 5 million sq. ft. on 48 acres in Kolkata, with 80% of inventory already sold.
Strategic plan to monetize remaining land area and FSI from the total 314-acre land parcel.
Resolution enables accelerated development and value unlocking in the strategically important Uttarpara growth corridor.
👀 What to Watch
This is a significant de-risking event that clears legal hurdles for a major land bank; investors should monitor the upcoming project launches and land monetization timelines as they will be key drivers for cash flow.
Shriram Properties Acquires 100% Stake in Shrivision Upscale Spaces
Shriram Properties Limited has successfully acquired a 100% equity stake in Shrivision Upscale Spaces Private Limited, making it a wholly-owned subsidiary. The acquisition was completed on February 9, 2026, through a cash consideration at a par value of ₹10 per share. Although the target entity currently has nil turnover and a paid-up capital of only ₹1,00,000, it is intended for strategic real estate development. This move aligns with the company's growth strategy to expand its project portfolio through dedicated subsidiary structures.
Key Highlights
Acquired 100% equity control of Shrivision Upscale Spaces Private Limited for strategic business reasons.
The acquisition cost was set at par value of ₹10 per share via cash consideration.
Target entity has a paid-up share capital of ₹1,00,000 and reported zero turnover as of March 31, 2025.
Shrivision Upscale Spaces is now a wholly-owned subsidiary of Shriram Properties Limited.
👀 What to Watch
Investors should view this as a routine corporate structuring move for future project development. No immediate financial impact is expected, but it signals upcoming expansion in the real estate segment.
Shriram Finance to Raise Rs 39,618 Cr via Preferential Issue to MUFG Bank
Shriram Finance has received in-principle approval from BSE and NSE for a massive preferential issue of 47.11 crore equity shares to MUFG Bank Ltd. The shares are priced at Rs 840.93 each, resulting in a total capital infusion of approximately Rs 39,618 crore. This strategic investment by a global banking major significantly bolsters the company's Tier-1 capital and provides a massive war chest for expansion. The entry of MUFG as a significant shareholder validates the company's long-term growth trajectory in the NBFC space.
Key Highlights
Issuance of 47,11,21,055 equity shares of face value Rs 2 each
Issue price fixed at Rs 840.93 per share on a private placement basis
Total fundraise amount estimated at approximately Rs 39,618 crore
MUFG Bank Ltd identified as the sole strategic investor for this preferential issue
In-principle approvals received from both BSE and NSE as of February 3, 2026
👀 What to Watch
This is a major positive trigger as it significantly strengthens the balance sheet and brings in a high-quality global partner. Long-term investors should view this as a strong endorsement of the company's business model.
DCM Shriram Q3 FY26 Revenue Up 13% to ₹3,811 Cr; Announces 180% Interim Dividend
DCM Shriram reported a 13% YoY increase in Q3 FY26 revenue to ₹3,811 crore, driven by strong performance in Chemicals and Sugar segments. PBDIT grew 4% to ₹560 crore, while PAT was impacted by a ₹55 crore exceptional item related to the implementation of new labor codes. The Chemicals segment saw 30% revenue growth despite lower ECU prices, and the Sugar segment benefited from higher volumes and a ₹36 crore provision reversal. The board declared an interim dividend of 180%, reflecting steady cash flow despite ongoing capital expenditure.
Key Highlights
Q3 FY26 Revenue rose 13% YoY to ₹3,811 crore, while PBDIT increased 4% to ₹560 crore.
Chemicals revenue jumped 30% YoY, supported by new projects like Hydrogen Peroxide and Epoxy, despite a 4% drop in ECUs.
Sugar & Ethanol PBDIT surged to ₹204 crore from ₹112 crore last year, aided by a ₹36 crore provision reversal.
Net debt stood at ₹1,084 crore as of Dec 31, 2025, down from ₹1,395 crore in March 2025.
Board declared an interim dividend of 180% amounting to a total payout of ₹56.14 crore.
👀 What to Watch
Investors should monitor the stabilization of the newly commissioned Epichlorohydrin (ECH) plant and the upcoming aluminum extrusion project at Kota. The company's diversified portfolio and consistent dividend payouts make it a resilient pick in the industrial and agri-input space.
Shriram Finance Q3 FY26: PAT Grows 21.2% to ₹2,522 Cr; AUM Up 14.6% Y-o-Y
Shriram Finance reported a strong Q3 FY26 with a 21.21% Y-o-Y growth in standalone PAT (excluding one-time gains) to ₹2,521.67 crores. Asset quality improved significantly with Gross Stage 3 assets dropping to 4.54% from 5.38% a year ago, while Net Interest Margins (NIM) expanded to 8.58%. The company is benefiting from a lower incremental cost of borrowing at 7.73% and recent credit rating upgrades to investment grade (BBB-) by S&P. Management highlighted robust growth in rural demand and commercial vehicle sales as key drivers for the quarter.
Key Highlights
Assets Under Management (AUM) grew 14.63% Y-o-Y to ₹2,91,709.03 crores
Net Interest Income (NII) increased by 16.17% Y-o-Y to ₹6,764.09 crores
Gross Stage 3 assets improved to 4.54% compared to 5.38% in the same quarter last year
Incremental cost of borrowing reduced significantly to 7.73% from 8.12% in the previous quarter
Disbursements for the quarter stood at ₹48,645 crores, marking a 14.17% Y-o-Y growth
👀 What to Watch
Investors should monitor the company's ability to retain high-quality customers as its cost of funds decreases, potentially narrowing the gap with bank pricing. The stock remains a strong play on rural recovery and infrastructure-led credit demand.
Shriram Finance to Raise Funds via NCDs and Bonds Between Feb and April 2026
Shriram Finance Limited has announced plans to raise funds through the issuance of redeemable non-convertible debt securities (NCDs) and bonds. The fundraising will target both onshore and offshore markets on a private placement basis to support its lending operations. The company's Banking and Finance Committee and Allotment Committee-NCDs are scheduled to meet between February 1, 2026, and April 30, 2026, to approve the specific terms and allotments. This is a routine capital-raising activity for a large Non-Banking Financial Company (NBFC).
Key Highlights
Fundraising via redeemable non-convertible debt securities (NCDs) and bonds
Issuance to be conducted in both onshore and offshore markets on private placement basis
Committee meetings for approval scheduled from February 1, 2026, to April 30, 2026
Issuance remains subject to market conditions and committee approval on pricing
👀 What to Watch
Investors should monitor the coupon rates of these issuances to gauge the company's borrowing costs and liquidity position. No immediate action is required as this is standard operational procedure for an NBFC.
Shriram Finance Q3 Net Profit at ₹2,521.67 Cr; Revenue Grows to ₹12,165.75 Cr
Shriram Finance reported a standalone net profit of ₹2,521.67 crore for Q3 FY26, representing a sequential growth of 9.3% from ₹2,307.18 crore in Q2. Total revenue from operations reached ₹12,165.75 crore, primarily driven by strong interest income of ₹11,833.14 crore. The company's bottom line was slightly impacted by a one-time charge of ₹196.95 crore related to the implementation of new unified Labour Codes. Additionally, the board has approved a new resource mobilization plan for debt issuance starting February 2026.
Key Highlights
Standalone Net Profit for Q3 FY26 stood at ₹2,521.67 crore, up from ₹2,307.18 crore in the previous quarter.
Total Revenue from operations grew to ₹12,165.75 crore, a significant increase from ₹10,698.31 crore in Q3 FY25.
Interest income contributed ₹11,833.14 crore to the total revenue, reflecting robust credit demand.
Employee benefit expenses included a ₹196.95 crore incremental impact due to the new Labour Codes effective November 2025.
Board approved a resource mobilization plan for NCDs and bonds for the period February 1 to April 30, 2026.
👀 What to Watch
Investors should view the steady sequential growth in core interest income as a positive sign of operational strength. The one-time labor code impact is a non-recurring expense, and the focus should remain on the company's asset quality and upcoming fund-raising for growth.