Shriram Transport Finance Company planning to raise funds through various options of borrowings
30th Oct 2020

Shriram Transport Finance Company is considering raising of funds through various options of borrowings including by way of issue of debt securities in onshore/offshore market by public issue and/ or private placement basis and commercial papers. Based on the market conditions, Banking and Finance Committee/Debt Issuance Committee / Bond Issuance Committee will consider and approve such issuances of debt securities during the month ending November 30, 2020 subject to such terms and conditions including the issue price of debt securities, as the respective committees may deem fit.

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