Shriram Transport Finance Company Ltd updates on upsizing of the Global Medium Term Note

The Banking & Finance Committee of Shriram Transport Finance Company Ltd, in exercise of the power delegated by the Board of Directors of the Company, passed necessary resolution in its meeting held on December 30, 2021 to upsize the Global Medium Term Note (GMTN) Programme from existing USD 3,000,000,000 (US Dollars Three Billion) to USD 3,500,000,000 (US Dollars Three Billion Five Hundred Million) for issuance of bonds/notes in international markets by way of public/private issue, subject to market conditions.

The Company has also received necessary in-principle approval from Singapore Exchange Securities Trading Limited (SGX).

Shares of Shriram Transport Finance Company Limited was last trading in BSE at Rs. 1217.30 as compared to the previous close of Rs. 1196.40. The total number of shares traded during the day was 21378 in over 2008 trades.

The stock hit an intraday high of Rs. 1231.20 and intraday low of 1204.65. The net turnover during the day was Rs. 26014958.00.

Source : Equity Bulls

Keywords

ShriramTransportFinanceCompany INE721A01013 SRTRANSFIN GMTN