Shriram Transport Finance Company Ltd allots 1000 NCDs on Dec 1, 2016

The Allotment Committee - NCDs of Shriram Transport Finance Company Ltd in its meeting held on December 01, 2016 approved and allotted 1000 Unsecured Redeemable Rated Non-Convertible Subordinated Debt of face value of Rs. 10,00,000/- (Rupees Ten Lakh only) each, aggregating to Rs. 100 crore on private placement basis.

The Meeting commenced at 1.30 p.m. and concluded at 2.00 p.m.

Shares of SHRIRAM TRANSPORT FINANCE CO.LTD. was last trading in BSE at Rs.901.35 as compared to the previous close of Rs. 903.9. The total number of shares traded during the day was 25620 in over 1673 trades.

The stock hit an intraday high of Rs. 916.25 and intraday low of 890.4. The net turnover during the day was Rs. 23167628.

Source : Equity Bulls

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