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Published on 8/14/2013 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Shriram Transport exercises put option on non-convertible debentures

By Tali David

Minneapolis, Aug. 14 - Shriram Transport Finance Co. Ltd. informed the Bombay Stock Exchange that it will exercise the put option on its option III and option IV secured non-convertible debentures, according to a notice.

The early redemption put period will begin on Aug. 27 and conclude at the end of business on Sept. 26.

The company sent notices to holders on Aug. 9.

Based in Chennai, India, Shriram Transport is a non-banking financial company that finances heavy commercial vehicles.


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