32.55 (3.74%) Shriram Finance has raised Rs 50 crore through the allotment of 5,000 Senior, secured, rated, listed, redeemable, taxable non-convertible debentures (NCDs) on Private placement basis. The Allotment Committee - NCDs of the company in its meeting held on December 5, 2023, has approved allotment of 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.