Shriram Transport Finance Company is planning to raise funds through issue of redeemable Non-Convertible Debentures (NCDs)/subordinated debentures on private placement basis in ordinary course of business.
The meeting of the Board of Directors of the company will be held on July 26, 2018, to consider the same.
Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.