Shriram Transport Finance raises Rs 10 crore via NCDs
7th Aug 2019

Shriram Transport Finance has raised funds aggregating to Rs 10 crore through allotment of 100 Senior Secured Rated Listed principal protected Market Linked Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 10,00,000 each on private placement basis.

The Allotment Committee - NCDs of the company at its meeting held on August 7, 2019 has allotted the same.

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