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Shriram City Union Finance raises Rs 150 crore via NCDs

08 Oct 2022 Evaluate

Shriram City Union Finance has raised Rs 150 crore through the allotment of Senior Secured Rated Listed Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 10 lakh each aggregating upto 1500 NCDs on private placement basis. The Banking and Securities Management Committee of the Company in its meeting held on October 7, 2022 has approved and allotted the same.

Shriram City Union Finance is India’s premier financial services company specializing in small-ticket retail finance.

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