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Shriram Transport Finance Company planning to raise funds

25 Jan 2022 Evaluate

Shriram Transport Finance Company is planning to raise raising funds by way of issue of redeemable nonconvertible debt securities including bonds in onshore/offshore market on private placement basis and/or public issue. In this regard, the meeting(s) of the concerned committees viz. the Banking and Finance Committee Debt Issuance Committee Bond Issuance Committee & Allotment Committee- NCDs will be held to consider and approve the issue and allotment of redeemable non-convertible debt securities/bonds during the month ending February 28, 2022.

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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