Board of Shriram Transport Finance Company approves private placement of NCDs up tp Rs 35,000 cr

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Capital Market
Last Updated : Apr 20 2020 | 6:17 PM IST

At meeting held on 20 April 2020

The Board of Shriram Transport Finance Company at its meeting held on 20 April 2020 has inter-alia approved (i) issuance of redeemable non-convertible debentures/ subordinated debentures on private placement basis for purpose of business of the Company and (ii) Notice of E-voting of the Company for seeking shareholders' approval for the renewal of limits to issue debentures on private placement basis by the Board upto Rs.35,000 crore for the purpose of the business of the Company by way of passing of resolution through e-voting.

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First Published: Apr 20 2020 | 5:32 PM IST

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