Shriram City Union Finance is planning to raise up to Rs 355 crore by issuing secured non-convertible redeemable debentures (NCDs) on private placement basis. The company’s Banking & Securities Management Committee in its meeting, scheduled to be held on June 12, 2017, will consider the same.
Shriram City Union Finance is engaged in non-banking financial services. The Company provides long-term home loans. It also offers a range of options for financing the purchase of two wheeler vehicles across manufacturers and brands.
