Epic Update : Shriram Transport Finance

Shriram Transport Finance is planning to raise around Rs 500 crore through non convertible debentures (NCDs). In this regard, the company has filed a draft offer document for public issue of secured redeemable NCDs of face value of Rs 1,000 each, NCDs aggregating up to Rs 250 crore with an option to retain over-subscription up to Rs 250 crore for issuance of additional NCDs aggregating to a total of up to Rs 500 crore.



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Posted in: Indian Market Tips