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Shriram Transport Finance raises Rs 500 crore via bonds

11 Feb 2020 Evaluate

Shriram Transport Finance Company has raised Rs 500 crore through the allotment of rated, listed, secured, redeemable, non-convertible debentures (NCDs) on private placement basis. The Allotment Committee - NCDs of the company in its meeting held on February 10, 2020 has approved and allotted 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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