Shriram Finance Ltd.

Shriram Transport Finance Company has raised Rs 500 crore through the allotment of rated, listed, secured, redeemable, non-convertible debentures (NCDs) on private placement basis. The Allotment Committee - NCDs of the company in its meeting held on February 10, 2020 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.