Edition:
India

Shriram Transport Finance Company Ltd (SRTR.NS)

SRTR.NS on National Stock Exchange of India

686.35INR
14 Aug 2020
Change (% chg)

Rs-15.95 (-2.27%)
Prev Close
Rs702.30
Open
Rs708.00
Day's High
Rs730.60
Day's Low
Rs676.70
Volume
12,133,419
Avg. Vol
6,036,890
52-wk High
Rs1,331.90
52-wk Low
Rs428.70

Latest Key Developments (Source: Significant Developments)

Shriram Transport Finance Company Says Senior Management Execs Took Voluntary Pay Cut Of 10% -20%
Thursday, 13 Aug 2020 

Aug 13 (Reuters) - Shriram Transport Finance Company Ltd ::SHRIRAM TRANSPORT FINANCE COMPANY LTD SAYS HIRING FREEZE TILL FURTHER NOTICE, EXCEPT FOR CRITICAL POSITIONS.SHRIRAM TRANSPORT FINANCE COMPANY -SENIOR MANAGEMENT EXECS TOOK VOLUNTARY PAY CUT IN RANGE OF 10% -20% & NO INCREMENT FOR OTHER EMPLOYEES IN FY2021.SHRIRAM TRANSPORT FINANCE COMPANY -COMPANY HAS DEFERRED BRANCH EXPANSION PLANS ..  Full Article

India's Shriram Transport Finance June-Quarter Profit Falls
Thursday, 13 Aug 2020 

Aug 13 (Reuters) - Shriram Transport Finance Company Ltd ::JUNE-QUARTER PROFIT 3.20 BILLION RUPEES VERSUS PROFIT 6.34 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR JUNE-QUARTER PROFIT WAS 4.40 BILLION RUPEES -- REFINITIV DATA.  Full Article

Shriram Transport Finance Co March-qtr Consol Profit Falls
Wednesday, 10 Jun 2020 

June 10 (Reuters) - Shriram Transport Finance Company Ltd ::APPROVED NCD ISSUE ON PRIVATE PLACEMENT BASIS.HAVE NOT RECOMMENDED FINAL DIVIDEND.SHRIRAM TRANSPORT FINANCE COMPANY - MARCH QUARTER CONSOL PROFIT 2.23 BILLION RUPEES VERSUS 7.46 RUPEES.MARCH QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 41.68 BILLION RUPEES VERSUS 38.73 BILLION RUPEES.  Full Article

India Ratings Places Shriram Transport Finance's Long-Term Issuer Rating On Rating Watch Negative
Tuesday, 5 May 2020 

May 5 (Reuters) - Shriram Transport Finance Company Ltd ::INDIA RATINGS & RESEARCH PLACED CO'S LONG-TERM ISSUER RATING OF 'IND AA+' ON RATING WATCH NEGATIVE.RATING WATCH NEGATIVE REFLECTS LIMITED NEAR-TERM VISIBILITY ON IMPACT OF COVID-19 RELATED MEASURES ON CO’S ASSET QUALITY.INDIA RATINGS BELIEVES LOSS OF INCOME OVER EXTENDED TIMEFRAME DUE TO LOCKDOWN TO HAVE DETRIMENTAL IMPACT ON CO’S CASH FLOWS.  Full Article

Directorate Of Enforcement Imposes Penalty Of 50 Mln Rupees On India's Shriram Transport Finance
Tuesday, 10 Mar 2020 

March 10 (Reuters) - Shriram Transport Finance Company Ltd ::ON MARCH 9, GOT ORDER DATED MARCH 4 FROM DIRECTORATE OF ENFORCEMENT (ED).ED ORDER DATED MARCH 4 RELATED TO ISSUE OF WARRANTS BY SHRIRAM HOLDINGS (MADRAS) IN 2006 TO PERSON RESIDENT OUTSIDE INDIA.ED ORDER DATED MARCH 4 IMPOSES ON CO PENALTY OF 50 MILLION RUPEES IN CONNECTION WITH SHMPL'S WARRANTS ISSUE MATTER.ED ORDER DATED MARCH 4 ALSO LEVIES PENALTY OF 5 MILLION RUPEES EACH ON 3 PERSONS, THE THEN DIRECTORS OF SHMPL.IS CURRENTLY EXAMINING ED ORDER DATED MARCH 4, INCLUDING OPTION TO CONTEST ORDER WITH RELEVANT AUTHORITIES.  Full Article

Shriram Transport Finance Company Says Considering Raising Of Funds Via Various Options Of Borrowings
Friday, 28 Feb 2020 

Feb 28 (Reuters) - Shriram Transport Finance Company Ltd ::SHRIRAM TRANSPORT FINANCE COMPANY - CONSIDERING RAISING OF FUNDS VIA VARIOUS OPTIONS OF BORROWINGS.  Full Article

India's Shriram Transport Finance Company Says Dec-Qtr Profit Rises
Monday, 3 Feb 2020 

Feb 3 (Reuters) - Shriram Transport Finance Company Ltd ::DEC-QUARTER PROFIT 8.79 BILLION RUPEES VERSUS PROFIT OF 6.35 BILLION RUPEES YEAR AGO.DEC-QUARTER TOTAL REVENUE FROM OPERATIONS 42.86 BILLION RUPEES VERSUS 39.91 BILLION RUPEES YEAR AGO.  Full Article

Shriram Transport Finance Company Ltd Says To Raise Upto 10 Bln Rupees Through Public Issue Of NCDs
Thursday, 2 Jan 2020 

Jan 2 (Reuters) - Shriram Transport Finance Company Ltd ::SHRIRAM TRANSPORT FINANCE COMPANY LTD SAYS SHRIRAM TRANSPORT TO RAISE UPTO 10 BILLION RUPEES THROUGH PUBLIC ISSUE OF NCDS.  Full Article

Shriram Transport Finance Co Buys Back Secured Redeemable NCDs
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Shriram Transport Finance Company Ltd ::SAYS BOUGHT BACK SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES.  Full Article

Piramal Enterprises Says No Proposal On News Of Softbank Investment Placed Before Board
Monday, 24 Jun 2019 

June 24 (Reuters) - Piramal Enterprises Ltd ::PIRAMAL ENTERPRISES -NO SUCH PROPOSAL RELATED TO NEWS ON SOFTBANK INVETMENT HAS BEEN PLACED FOR APPROVAL OF BOARD OR ANY OF ITS COMMITTEES.SAYS EVALUATING FEASIBILITY OF SALE OF ENTIRE (EFFECTIVE 20%) STAKE HELD BY COMPANY IN SHRIRAM CAPITAL LIMITED.  Full Article

RPT-ICRA ratings for Indian debt instruments-Jul 28

(Repeating to add additional ratings) Jul 28 - Below are the ratings awarded by Investment Information Credit Rating Agency Ltd. (ICRA) for local debt instruments as of July 27, 2020. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ----- --------- SHORT TERM RATINGS: ------------------- Aequs Pvt Ltd