India's Shriram committee to consider nonconvertible debenture issue

By Wendy Van Sickle

Columbus, Ohio, June 2 – Shriram Transport Finance Co. Ltd. is considering issuing secured redeemable nonconvertible debentures on private placement basis, according to a Bombay Stock Exchange notice.

The company’s banking and finance committee is expected to consider the matter at a meeting sometime this month.

The company provides financing for commercial vehicles and is based in Mumbai.

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