HYDERABAD: Shriram Transport Finance Company Limited ( STFC) on Monday said it plans to raise Rs 750 crore through secured non convertible debentures.
According to the company, the funds raised through this issue would be used for various financing activities including lending and investments, to repay existing loans and for business operations including capital expenditure and working capital requirements.
The company will enter the debt capital market on July 16, 2013 with a public issue of secured non convertible debentures of face value of Rs 1,000 each.
According to the company, the funds raised through this issue would be used for various financing activities including lending and investments, to repay existing loans and for business operations including capital expenditure and working capital requirements.
The company will enter the debt capital market on July 16, 2013 with a public issue of secured non convertible debentures of face value of Rs 1,000 each.
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