Shriram Transport Finance Company Ltd (SRTR.NS)
|Market Cap (Mil.):||Rs133,781.41|
|Shares Outstanding (Mil.):||226.88|
Sept 30 - (The following statement was released by the rating agency)
The funds raised would be used for financing activities, including lending and investments and for repaying loans.
MUMBAI, July 9 - India's Shriram Transport Finance is planning to raise up to 7.5 billion rupees ($123.22 million) through a public issue of bonds, two sources with direct knowledge of the deal said on Tuesday, in what could be the first retail bond sale in the current fiscal.