Shriram Transport Finance Company is planning to raise 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 of the concerned committees viz. 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 May 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.
Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.
