32.55 (3.74%) Shriram Finance has raised Rs 815 crore through the allotment of 81,500 Senior, secured, rated, unlisted, redeemable, transferable, taxable non-convertible debentures (NCDs) on Private placement. The Allotment Committee - NCDs of the company in its meeting held on July 20, 2023, has approved and allotted the same.
Shriram Finance (Formerly Shriram Transport Finance Company) is one of the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets.