Shriram Transport Finance Company to consider raising funds

Date: 27-10-2022

In furtherance to letter dated October 20, 2022, regarding outcome of Board Meeting, Shriram Transport Finance Company has informed that pursuant to regulation 29(2), Regulation 50 and any other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations 2015, the Company will consider raising 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(s) 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 November 30, 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 commitees may deem fit.

The above information is a part of company’s filings submitted to BSE.

Shriram Finance Ltd.

Shriram Transport Finance Company to consider raising funds