
Loan & Debt24 Jul 2026, 03:36 pm
Shriram Finance to consider raising funds via debt securities
AI Summary
Shriram Finance Ltd has announced that its Banking and Finance Committee and Allotment Committee- NCDs will meet to consider and approve the issuance of redeemable non-convertible debentures (NCDs), subordinated debentures, and bonds. This fundraising activity is planned to take place on a private placement basis in the onshore/offshore market, subject to market conditions. The committees will deliberate on the terms, conditions, and issue price of these debt securities during the period from August 01, 2026, to October 31, 2026.
Key Highlights
- Company to consider raising funds through debt securities.
- Issuance of NCDs, subordinated debentures, and bonds planned.
- Fundraising to be conducted via private placement.
- Committees to meet between August 1 and October 31, 2026.
- Decision subject to market conditions and committee approval.
Price Impact
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