In furtherance to its letter dated January 24, 2022, regarding outcome of Board Meeting, 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, Shriram Transport Finance Company has informed that the Company will consider raising of 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 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 / bonds during the month ending March 31, 2022 as per their respective terms of reference, subject to such terms and conditions including the issue price of debt securities/ bonds, as the said committees may deem fit.
The above information is a part of company’s filings submitted to BSE.
