Business Standard

Shriram Transport Finance Company update on corporate guarantee given to SVL

Image

Capital Market
Shriram Transport Finance Company announced that the corporate guarantee given by the Company on 30 June 2015 in connection with Non-Convertible Debentures (NCDs) of face value aggregating to Rs. 650 crore issued by the SVL has been terminated with immediate effect. Consequently, the contingent liability of the Company with respect to redemption/ maturity of the said NCDs stands terminated.

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: Oct 03 2018 | 7:37 PM IST

Explore News