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Shriram Transport Finance planning to raise funds

26 Apr 2019 Evaluate

Shriram Transport Finance Company is planning to raise funds by way of issue of redeemable non-convertible debentures/ subordinated debentures on private placement basis and other methods of borrowing for purpose of business of the company during the financial year 2019-20. The meeting of Board of Directors of the company will be held on May 8, 2019 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.

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