Shriram Transport Finance Company Ltd allots NCDs worth Rs. 200 crores

The Banking and Finance Committee of Shriram Transport Finance Company Ltd in its meeting held on March 18, 2016 approved and allotted 2000 Secured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs. 10,00,000/- (Rs. Ten Lakh only) each, aggregating to Rs. 200 crore on private placement basis.

Shares of SHRIRAM TRANSPORT FINANCE CO.LTD. was last trading in BSE at Rs.908.25 as compared to the previous close of Rs. 910.7. The total number of shares traded during the day was 410969 in over 1102 trades.

The stock hit an intraday high of Rs. 917.5 and intraday low of 892.8. The net turnover during the day was Rs. 369729346.

Source : Equity Bulls

Keywords