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    HomeNewsBusinessCompaniesShriram Transport Finance raises Rs 695 cr in debt

    Shriram Transport Finance raises Rs 695 cr in debt

    The fund has been raised by issuing NCDs on private placement basis, Shriram Transport Finance said in a statement.

    April 13, 2016 / 19:33 IST
       
       
      26 Aug, 2025 12:21
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      Shriram Transport Finance today raised Rs 695 crore through an issue of non-convertible debentures (NCDs) to fund business growth.

      The fund has been raised by issuing NCDs on private placement basis, Shriram Transport Finance said in a statement.

      The debenture carries coupon rate of 9.15 percent and 9.22 percent for five-year and 10-year maturities respectively, it said.

      first published: Apr 13, 2016 07:26 pm

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