Shriram Finance allots NCDs, schedules investor meetings
On October 28, 2025, Shriram Finance Limited's Allotment Committee - NCDs approved the allotment of senior, secured, rated, listed, redeemable, taxable Non-Convertible Debentures (NCDs) via private placement. The issue comprises 75,000 NCDs with a face value of INR 100,000 each, totaling INR 750 Crores, and a coupon rate of 8.70% p.a. The NCDs mature on April 09, 2028, with interest payable annually, and are listed on the WDM segment of BSE.
The proceeds will be used for augmenting long-term resources, financing asset classes, onward lending, refinancing existing debt, meeting working capital requirements, and other general company purposes.
Shriram Finance has also scheduled a group meeting on October 31, 2025, at 4:30 PM in Mumbai with various funds, analysts, institutional investors, and brokers, including Ambit Capital, Goldman Sachs, HSBC, JP Morgan, and Morgan Stanley. Discussions will focus on the investor presentation and public domain disclosures.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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