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Shriram Transport Finance Company informs about clarification

09 Mar 2020 Evaluate

With reference to the news item appeared in ‘CNBC TV 18’ today regarding the Company's exposure of Rs 500 crores in Additional Tier I Bonds of Yes Bank, Shriram Transport Finance Company has clarified that the Company does not hold any Additional Tier I Bonds of Yes Bank. The Company had invested in Upper Tier II Bonds of Yes Bank of Rs 50 Crores in the year 2010 and the same are outstanding as on date. 

The above information is a part of company’s filings submitted to BSE.

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