Shriram Transport Finance planning to raise funds via various means
28th Jun 2019

Shriram Transport Finance Company is planning to raise funds through various options of borrowings including by way of issue of debt securities in onshore/offshore market by public issue or private placement basis.

Based on the market conditions the meeting of Banking and Finance Committee/Debt Issuance Committee - Public NCDs or Bond Issuance Committee will be held during the month ending July 31, 2019 to consider and approve the terms and conditions including the issue price of debt securities.

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