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Morgan Stanley sells 15 lakh shares of Shriram Transport Finance Corporation

14 Dec 2017 Evaluate

Morgan Stanley France Sas has sold 15,00,000 shares of Shriram Transport Finance Corporation at Rs 1,362.50 per share on the BSE on December 13, 2017. However, Societe Generale bought 15,00,228 shares at Rs 1,362.50 per share on the same day.

Shriram Transport Finance is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC. The company was with an objective to provide hire purchase and lease finance for the medium and heavy commercial vehicles to individual truck operators.



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