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Shriram Transport Finance issues Rs. 30 billion of secured debentures
By Tali Rackner
Norfolk, Va., July 17 – Shriram Transport Finance Co. Ltd. informed the Bombay Stock Exchange that it has issued secured nonconvertible debentures with a face value of Rs. 1,000 each, up to a total of Rs. 3 billion.
There is an option to retain over-subscription of up to Rs. 3 billion, for a total of Rs. 6 billion.
The commercial vehicle finance company is based in Chennai, India.
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