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Shriram Transport Finance Company to consider fund raising plans

Capital Market 

By way of private placement of NCDs

Company announced that the Company is considering raising of funds through various options of borrowings including by way of issue of Secured Redeemable Non-Convertible Debentures (NCDs) on private placement basis. Based on the market conditions the meeting(s) of Banking and Committee will be held during the current month ending 31 December 2016 to consider and approve the terms of such borrowings.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, December 01 2016. 16:31 IST