India’s Shriram to mull Rs. 5 billion secured redeemable debentures

By Sarah Lizee

Olympia, Wash., Oct. 12 – Shriram City Union Finance Ltd. notified the Bombay Stock Exchange that it plans to consider Rs. 5 billion of secured nonconvertible redeemable debentures.

The company’s banking and securities management committee will consider the issue in a meeting on Tuesday.

The debentures would be issued via private placement, according to a notice.

Shriram City Union Finance is a non-banking financial company based in Chennai, India.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.