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Shriram Transport Finance planning to raise funds

02 Jun 2021 Evaluate

Shriram Transport Finance is considering raising of funds by way of issue of one or more instruments including equity shares, convertible securities of any description or warrants through preferential issue subject to such regulatory/statutory approvals as may be required, including the approval of the shareholders of the Company. Board of Directors of the Company is scheduled to be held on June 7, 2021 to consider 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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