NCD Issue: Shriram Transport Finance Ltd - Must Invest

Shriram Transport Finance Ltd (STFC) is coming up with the public issue of Secured Non-Convertible Debentures of face value of INR 1,000 each, aggregating upto INR 30,000 lacs with an option to retain over subscription upto INR 30,000 lacs for issuance of additional NCDs aggregating to a total of INR聽60,000 lacs.

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The funds raised through this Issue, after meeting the expenditures of and related to the Issue, will be used for various financing activities including lending and investments, subject to the restrictions contained in the Foreign Exchange Management (Borrowing and Lending in Rupee) Regulations, 2000, and other applicable statutory and/or regulatory requirements, to repay companies existing loans and their business operations including for their capital expenditure and working capital requirements

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The minimum subscription amount is INR 1,0000 in multiples of INR 1,000. The bond is proposed to be listed on BSE & NSE.

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The bond will be compulsorily in dematerialized form to all categories of investors other than Reserved Individual Investors who have opted for allotment of NCDs in the physical form

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Applications cannot be made by:

路聽聽聽聽聽聽聽聽Minors without guardian name
路聽聽聽聽聽聽聽聽Foreign Nationals / Foreign Institutional Investors
路聽聽聽聽聽聽聽聽Overseas Corporate Bodies, Persons resident outside聽India
路聽聽聽聽聽聽聽聽Non Resident Indian

The allotment of Bonds will be on first cum first serve basis

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The coupon rate, opening and closing date of the issue is not yet disclosed by Issuer