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Shriram Transport raises Rs 600 crore via NCDs

Shriram Transport raises Rs 600 crore via NCDs

Friday, March 24, 2017, 3:41 PM

Shriram Transport Finance Company has raised Rs 600 crore by issuing Non-Convertible Debentures (NCDs) on private placement basis. "The allotment committee-NCDs of the company in its meeting held on March 23, 2017, approved and allotted 6,000 partly paid secured redeemable rated listed non-convertible debenture of the face value of Rs 10,00,000 each on private placement basis for an issue size of Rs 600 crore.
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