Shriram Transport to raise funds through issue of redeemable NCD's

The meeting of the Board of Directors of the company is scheduled to be held on Thursday to consider and approve the term os such burrowing

Shriram Transport Finance Company Ltd has informed NSE, BSE 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.

The meeting of the Board of Directors of the company is scheduled to be held on Thursday to consider and approve the term of such burrowing.

Unaudited Financial Results (Standalone) of the Company for the second quarter and half year ended September 30, 2018.

The agenda includes the declaration of an Interim Dividend on equity shares of the Company for the Financial Year 2018-19.

"We inform you that subject to the approval of Interim Dividend for the financial year 2018-19 at the said Board Meeting, the record date for the purpose of payment of the said Interim Dividend shall be Tuesday, November 06, 2018," the company said.

The Company has decided that the closure of trading window for Insiders covered under "Company's Prohibition of Insider Trading Code" would commence from October 20, 2018 and will end 48 hours after the unaudited financial results are made public on October 25, 2018.