Shriram Finance Ltd.

Shriram Transport Finance Company has raised Rs 98.20 crore through Senior Secured Rated, Listed Principal Protected Market Linked, redeemable, Non-convertible debentures (NCDs) of face value of Rs 10 lakh each on private placement basis. Date of maturity of said NCDs will be July 11, 2024.

Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.