Shriram Transport Finance Company is planning to raise funds through various options of borrowings including by way of issue of securities in onshore/offshore market on public / private placement basis. Based on the market conditions, the meeting(s) of Banking and Finance Committee/Debt Issuance Committee will be held during the month of March, 2018 to consider and approve the terms and conditions of such borrowings.
Shriram Transport Finance Company 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.
