Shriram Finance has announced upcoming committee meetings to discuss raising funds through the issuance of redeemable non-convertible debt securities, including bonds. These meetings will address both onshore and offshore market opportunities on a private placement basis, contingent on market conditions. The discussions will span the period from February 1, 2026, to April 30, 2026. The Banking and Finance Committee and Allotment Committee will participate.
Fundraising Plans Underway
Shriram Finance is preparing to raise funds through the issuance of redeemable non-convertible debt securities, which include various types of bonds. The company intends to tap into both onshore and offshore markets via private placements.
Committee Meetings Details
Several committee meetings are scheduled to take place to discuss and finalize the fundraising strategy. The Banking and Finance Committee, along with the Allotment Committee, will be actively involved in these discussions. These committees will consider and approve the issuance and allotment of the aforementioned debt securities.
Timeline and Conditions
The period for considering these fundraising activities extends from February 1, 2026, to April 30, 2026. The actual issuance and allotment will be subject to specific terms and prevailing market conditions, including the determination of the issue price for the debt securities and bonds.
Source: BSE
