Shriram Transport Finance Company to consider fund raising via debt issuance

In month of August 2021

Jul 29, 2021 11:07 IST capital market

Shriram Transport Finance Company will consider raising of funds by way of issue of redeemable non-convertible debt securities in onshore market by private placement basis and/or public issue 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 during the month ending 31 August 2021 as per their respective terms of reference, subject to such terms and conditions including the issue price of debt securities, as the said committees may deem fit.

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