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Shriram Transport Finance planning to raise funds

29 Jan 2021 Evaluate

Shriram Transport Finance Company (STFC) is considering 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. 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 February 28, 2021.

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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