Shriram Finance Ltd.

BSE: 511218 | NSE: SHRIRAMFIN
Large Cap | Finance - NBFC
1042.60
-2.45 (-0.23%)
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Shriram Transport Finance Company to raise of funds through private placement basis

Date: 29-07-2022

Shriram Transport Finance Company is planning to raise of funds by way of issue of redeemable non-convertible debt securities including bonds in onshore/offshore market on private placement basis, 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 August 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.