ALPHA TRIBE

Shriram Finance LimitedQIP/Rights/Pref., 08-05-2025: Allotment of Securities

08-05-2025 | 03:53 pm

Shriram Finance has announced a board meeting on the financial results for the quarter and half-year. The company allotted 20,000 senior secured rated listed redeemable NCDs worth Rs. 200 Cr via private placement. These carry an 8.70% fixed coupon with annual interest and mature in April 2028. This debt raise strengthens long-term funding for refinancing and corporate purposes without impacting promoter stake.

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