Shriram City Union Finance has received an approval for the issuance of Redeemable Secured Non-Convertible Debentures (NCDs) of face value of Rs 10,00,000 each aggregating up to 1000 NCDs amounting to Rs 100 crore in one or more tranches either as fully paid up or partly paid-up on Private Placement basis. The Banking and Securities Management Committee of the company had at its meeting held on June 15, 2021 has approved the same.
Shriram City Union Finance is India’s premier financial services company specializing in small-ticket retail finance.
