Shriram City Union Finance gets nod to raise Rs 750 crore via NCDs
20th May 2022

Shriram City Union Finance has received an approval for the issuance of Rated Listed Redeemable Secured Non-Convertible Debentures (NCDs) of face value on Rs 10 lakh each aggregating up to 7500 NCDs amounting to Rs 750 crore as one or more issuances, in one or more !ranches either as fully paid up or partly paid-up on private placement basis. The Banking and Securities Management Committee of the Company had at its meeting held on May 19,2022 has approved the same.

Shriram City Union Finance is India’s premier financial services company specializing in small-ticket retail finance.