MoneyWorks4Me

Shriram Transport Finance planning to raise funds on private placement basis

29 Aug 2018 Evaluate

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 by public issue and private placement basis. The meeting(s) of Banking and Finance Committee/Debt Issuance Committee of the board will be held during the month ending September, 2018 to consider and approve 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.

Peers