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Shriram Transport Finance Company informs about raising of funds

29 Dec 2020 Evaluate

In furtherance to its letters dated June 10, 2020 and October 29, 2020 and pursuant to regulation 29(2), regulation 50(3) and any other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations 2015, Shriram Transport Finance Company has informed that the Company will consider raising of funds by way of issue of debt securities in onshore/offshore market by private placement basis and/or public issue subject to market conditions and in this regard the meeting(s) of the Banking and Finance Committee/Debt Issuance Committee/Bond Issuance Committee will be held to consider and approve such issuances of debt securities during the month ending January 31, 2021, subject to such terms and conditions including the issue price of debt securities, as the respective committees may deem fit.

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

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