Shriram Transport Finance Company Ltd allots NCDs

The Allotment Committee - NCDs of Shriram Transport Finance Company Ltd in its meeting held on March 30, 2017, approved and allotted 3800 Secured Redeemable Rated Listed Non-Convertible Debenture of face value of Rs. 10,00,000/- (Rupees Ten Lakh only) each, aggregating to Rs. 380 crore on private placement basis.

The meeting commenced at 5.45 p.m. and concluded at 6.15 p.m.

Shares of SHRIRAM TRANSPORT FINANCE CO.LTD. was last trading in BSE at Rs.1066 as compared to the previous close of Rs. 1060.75. The total number of shares traded during the day was 61815 in over 2915 trades.

The stock hit an intraday high of Rs. 1084.4 and intraday low of 1042.4. The net turnover during the day was Rs. 65377122.

Source : Equity Bulls

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