Shriram Transport Finance Company to consider fund raising plans

By way of private placement of NCDs

Shriram Transport Finance 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 Finance 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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