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Shriram Transport Finance raises Rs 64.70 crore through NCDs

05 Sep 2022 Evaluate

Shriram Transport Finance Company has raised Rs 64.70 crore through the allotment of senior secured rated, listed, Principal Protected Market Linked redeemable, Non-convertible debentures (NCDs) of face value of Rs 10,00,000 each on private placement basis. The Allotment Committee - NCDs of the Company in its meeting held on September 2, 2022, has 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.

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