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Shriram Transport Finance Company raises Rs 700 crore through NCDs

19 Apr 2022 Evaluate

Shriram Transport Finance Company has raised Rs 700 crore through Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) on private placement basis and allotted 7000 NCDs having face value of Rs 10 lakh each. Date of maturity will be April 18, 2024. The allotment committee - NCDs of the company in its meeting held on April 18, 2022, approved and allotted the same.

Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.

Shriram Finance Share Price

1045.05 8.55 (0.82%)
20-Apr-2026 16:59 View Price Chart
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