Business Standard

Shriram Transport Finance Company fixes record date for scheme of arrangement and amalgamation

Image

Capital Market
Shriram Transport Finance Company has fixed 30 November 2022 as record date for the purpose of determining the shareholders of Shriram Capital ('SCL') and Shriram City Union Finance ('SCUF') for issuance of equity shares of the Company as per the share exchange ratio provided for in the sanctioned composite scheme of arrangement and amalgamation.

Further, 30 November 2022 is fixed as the record date for the purpose of determining the holders of Non-Convertible Debentures of SCUF for issuance of Non-Convertible Debentures of the Company as per the exchange ratio provided for in the sanctioned composite scheme of arrangement and amalgamation.

 

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 16 2022 | 7:29 PM IST

Explore News