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Shriram Transport Finance Company planning to raise funds

24 Feb 2022 Evaluate

Shriram Transport Finance Company is planning to raise raising funds by way of issue of redeemable non-convertible debt securities including bonds in onshore/offshore market on private placement basis and/or public issue subject to market conditions. In this regard, the meeting(s) of the concerned committees will be held to consider and approve the same during the month ending March 31, 2022 on such terms and conditions including the issue price of debt securities/ bonds, as the committee may deem fit.

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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