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Tag Archives: shriram

DCM Shriram contracts 40,000 tonnes of sugar exports

DCM Shriram has contracted around 40,000 tonnes of sugar exports so far and will undertake shipments of entire 92,000 tonne quota assigned to it by April-May next year. The company is expanding its sugar business and has chalked out a Rs 660 crore expansion plan, which includes addition of cane ... Read More »

Shriram EPC bags order worth Rs 236 crore from Jharkhand Govt

Shriram EPC bags order worth Rs 236 crore from Jharkhand Govt Shriram EPC (SEPC) has bagged an order worth Rs 236 crore from Drinking Water & Sanitation Department, Government of Jharkhand. The Project involves Providing Drinking water & sanitation facilities under TANDWA Block Rural Pipe Water Supply Scheme under D.W. ... Read More »

Shriram Transport Finance raises Rs 300 crore via bonds

Shriram Transport Finance Company has raised funds worth Rs 300 crore through issuance of bonds. The issue comprises three tenor bonds of three, five and ten years, offering a coupon in the range 9.12% to 9.70%. Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and ... Read More »

Shriram Transport Finance reports 23% rise in Q2 net profit

Shriram Transport Finance Company has reported results for second quarter ended September 30, 2018. The company has reported 22.60% rise in its net profit at Rs 609.58 crore for the quarter under review as compared to Rs 497.22 crore for the same quarter in the previous year. Total income of ... Read More »

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 ... Read More »

Shriram Transport Finance to raise Rs 1350 crore through NCDs

Shriram Transport Finance Company has proposed to raise up to Rs 1350 crore through secured redeemable non-convertible debentures (NCDs) of the face value of Rs 1,000 each. The NCDs have a fixed rate of interest, with seven different series. The NCDs have tenures of three, five and 10 years, with ... Read More »