The decision was taken by the Banking and Finance Committee of the company at a meeting held on June 16, 2021, STFC said in a regulatory fi...

The issue size was Rs 100 crore, and the tenure of the bonds is 560 days (18 months and 13 days).

The issue has been fixed at Rs 570 per share, including premium of Rs 560 per rights equity share.

The long-term issuer default ratings (IDRs) of STFC and MFL have been downgraded to BB from BB+.

The coupon rate for the bonds is 9.47 per cent per annum.

The shares of STFC were trading at Rs 1,147.80 a piece on BSE.

Fidelity, Capital, Eastspring and SBI MF are likely buyers of STFC shares.

SCUF now trades 1.6 times its FY21 estimated book.

The company had provided guarantees worth Rs 870 crore for NCDs issued by SVL.

MXC operates carwale.com and cartrade.com.

IDFC group is more likely to benefit on the cross-selling front than Shriram group entities.

An analyst call held by management last Friday could not douse the concerns on what his merger would bring for STFC shareholders.

Shriram Transport Finance Company said it has raised Rs 200 crore by issuing non-convertible debentures on a private placement basis.

Shriram Equipment Finance Company (SEFC) today said it will amalgamate with Shriram Transport Finance Co Ltd (STFC) for better synergy.

Shriram Transport Finance ( STFC), India’s largest asset financing NBFCs and a dominant player in financing second hand trucks, has lined o...

After a long hiatus, the public issue of company debentures has regained popularity as a money raising tool.

Shriram Transport Finance, (STFC), the largest asset financing NBFC in the country, said it would be raise Rs 600 crore ($150 million) thro...