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Shriram Transport Finance planning to raise funds via NCDs

Shriram Transport Finance Company is planning to raise funds in ordinary course of business by way of issue of redeemable Non-Convertible Debentures (NCDs) on private placement basis. The meeting of Board of Directors of the company will be held on October 25, 2018, to consider 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.

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