Shriram Finance Ltd.

Shriram Transport Finance has raised funds aggregating to Rs 10 crore through allotment of 100 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 at its meeting held on August 7, 2019 has 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.