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Shriram Transport Finance considering raising of funds through various options

31 Oct 2019 Evaluate

Shriram Transport Finance Company is considering raising of funds through various options of borrowings including by way of issue of debt securities in onshore/offshore market by public issue and/ or private placement basis. Based on the market conditions, the meeting(s) of Banking and Finance Committee/Debt Issuance Committee - Public NCDs / Bond Issuance Committee will be held during the month ending November 30, 2019 to consider and approve the terms and conditions including the issue price of debt securities.

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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