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Shriram Transport Finance Co.Ltd. - Outcome of Board Meeting

| Updated on April 03, 2019 Published on April 03, 2019

In furtherance to our letter dated March 29, 2019, we inform you that the Board of Directors of the Company at their meeting held today has approved raising of funds
subject to necessary regulatory approvals and market conditions through
(i) upsizing the existing Medium Term Note Programme established for INR 5,000,00,00,000 (Rupees
Five Thousand Crores only) to a Global Medium Term Note Programme up to USD 2,000,000,000 (US Dollars Two Billion only) by way of public/ private issue of debt
securities in international markets and
(ii) External Commercial Borrowings upto USD 750 million.

In this regard, the Board of Directors has delegated necessary powers to the Bond Issuance Committee/ Debt Issuance Committee, as the case may be.

The Board Meeting commenced at 02.30 P.M. and concluded at 03.30 P.M.

Pdf Link: Shriram Transport Finance Co.Ltd. - Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on April 03, 2019
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