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Shriram Transport Finance Company Ltd board to consider Q3 results, fund raising

Posted On: 2019-01-09 13:38:52

A meeting of the Board of Directors of Shriram Transport Finance Company Ltd is scheduled to be held on Monday, January 28, 2019, to consider and approve the Unaudited Financial Results (Standalone) of the Company for the third quarter ended December 31, 2018.

The board will consider resource mobilisation plan for issuance of redeemable non-convertible debentures /subordinated debentures (NCDs) on private placement basis in tranches from February 01, 2019 to April 30, 2019.

The board will also consider raising of funds through external commercial borrowing including issuance of bonds/notes and public issue of redeemable non-convertible debentures in domestic market.

Shares of SHRIRAM TRANSPORT FINANCE CO.LTD. was last trading in BSE at Rs.1190.3 as compared to the previous close of Rs. 1175.8. The total number of shares traded during the day was 42596 in over 1245 trades.

The stock hit an intraday high of Rs. 1194.85 and intraday low of 1164.05. The net turnover during the day was Rs. 50386739.


Source: Equity Bulls

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