In furtherance to its letter dated October 29, 2021, regarding outcome of Board Meeting, Shriram Transport Finance Company has informed that pursuant to regulation 29(2), regulation 50 and any other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations 2015, the Company will consider raising of funds by way of issue of redeemable non-convertible debt securities in onshore/offshore market on private placement basis and/or public issue subject to market conditions and in this regard, the meeting(s) of the concerned committees the Banking and Finance Committee, Debt Issuance Committee, and Allotment Committee-NCDs will be held to consider and approve the issue and allotment of redeemable non-convertible debt securities during the month ending December 31, 2021 as per their respective terms of reference, subject to such terms and conditions including the issue price of debt securities, as the said committees may deem fit.
The above information is a part of company’s filings submitted to BSE.
