Friday , May 14 2021
Home / BUSINESS / Shriram Transport Finance raises Rs 250 crore via NCDs

Shriram Transport Finance raises Rs 250 crore via NCDs

Shriram Transport Finance Company has raised funds worth Rs 250 crore. The Allotment Committee – NCDs of the company in its meeting held on November 20, 2018, approved and allotted 2500 Secured Redeemable Rated Listed Non-Convertible Debentures (NCDs) of face value of Rs 10,00,000 each aggregating to Rs 250 crore on private placement basis.

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

Please share this news