Shriram Transport Finance Company Ltd allots 750 NCDs worth Rs. 75 crores

The Allotment Committee - NCDs of Shriram Transport Finance Company Ltd in its meeting held on December 29, 2016, approved and allotted 750 Unsecured Redeemable Rated Non-Convertible Subordinated Debt in the nature of Debenture of face value of Rs. 10,00,000/- (Rupees Ten Lakh only) each, aggregating to Rs. 75 crore on private placement basis.

Shares of SHRIRAM TRANSPORT FINANCE CO.LTD. was last trading in BSE at Rs.812 as compared to the previous close of Rs. 807.1. The total number of shares traded during the day was 451499 in over 2678 trades.

The stock hit an intraday high of Rs. 829.5 and intraday low of 804.5. The net turnover during the day was Rs. 365303667.

Source : Equity Bulls

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