Shriram Transport Finance Company Ltd calls for committee meetings to raise funds

Shriram Transport Finance Company Ltd will consider raising of funds by way of issue of redeemable non-convertible debt securities in onshore/offshore market by private placement basis and/or public issue subject to market conditions and in this regard, the meeting(s) of the concerned committees viz. the Banking and Finance Committee, Debt Issuance Committee, Bond Issuance Committee, Allotment Committee - NCDs will be held to consider and approve the issue and allotment of redeemable non-convertible debt securities during the month ending April 30, 2021 as per their respective terms of reference, subject to such terms and conditions including the issue price of debt securities, as the said committees may deem fit.

Shares of SHRIRAM TRANSPORT FINANCE CO.LTD. was last trading in BSE at Rs.1428.4 as compared to the previous close of Rs. 1371.45. The total number of shares traded during the day was 136218 in over 5800 trades.

The stock hit an intraday high of Rs. 1471 and intraday low of 1380. The net turnover during the day was Rs. 195564724.

Source : Equity Bulls

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