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Corporate Announcement
Security Code
511218
Company
Shriram Finance Ltd
Exchange Received Time
15/03/2018 14:42:08
Exchange Disseminated Time
15/03/2018 14:42:13
Time Taken
00:00:05
Board Meeting-Outcome of Committee Meeting |
3/15/2018 2:42:08 PM
Sub.: Outcome of Allotment Committee - NCDs Meeting on March 15, 2018.
In furtherance to our letter dated February 27, 2018 regarding intimation of Banking and Finance Committee Meetings for raising Funds, we write to inform you that the Allotment Committee - NCDs of the Company in its meeting held today, approved and allotted 50 Unsecured Redeemable Rated Non-Convertible Subordinated Debt of face value of Rs.10,00,000/- (Rupees Ten Lakh only) each, aggregating to Rs. 5 crore on private placement basis. The Meeting commenced at 2.00 p.m. and concluded at 2.30 p.m.
The details of the said allotment is mentioned in Annexure A.
Kindly take the above information on record.
Thanking you,
Attachment
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