The issue will open for public subscription on October 15 and is scheduled to close on October 29. It is part of the company’s Tranch 2 issue of NCDs, with a base size of Rs 300 crore and an option to retain up to Rs 1050 crore from oversubscription.
Axis Bank, A K Capital Services, Edelweiss Financial Services, JM Financial, and Trust Investment Advisors have been appointed as lead managers to the issue.
Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.