Shriram Finance Limited has intimated the stock exchanges about upcoming committee meetings to consider raising funds through debt securities.
The company will consider raising funds by issuing redeemable non-convertible debentures (NCDs), subordinated debentures, or bonds through private placement in both onshore and offshore markets. The issuance is subject to prevailing market conditions.
Two specific committees will convene to approve this fundraising: the Banking and Finance Committee and the Allotment Committee-NCDs. These meetings are scheduled to occur between August 1, 2026, and October 31, 2026.
The committees will determine the specific terms and conditions of the issuance, including the issue price of the debt securities, as they deem appropriate, in accordance with their respective terms of reference.
The document serves as a follow-up to the company's previous letter dated July 24, 2026, regarding the outcome of a board meeting.