Shriram Transport Finance Company update on corporate guarantee given to SVL

Shriram Transport Finance Company announced that the corporate guarantee given by the Company on 30 June 2015 in connection with Non-Convertible Debentures (NCDs) of face value aggregating to Rs. 650 crore issued by the SVL has been terminated with immediate effect. Consequently, the contingent liability of the Company with respect to redemption/ maturity of the said NCDs stands terminated.

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