Shriram Transport Finance Company Ltd

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  Shriram Transport To Raise Rs 5,000 Crores In June Quarter

  Shriram Transport Finance Company Ltd plans to raise an additional 50 billion rupees ($627.20 million) in the second half of the financial year to fund growth opportunities.

• RBI Restricts Foreign Investors From Buying Shriram Transport Finance Shares

  Foreign investors have been restricted by the Reserve Bank of India (RBI) to buy further shares in Shriram Transport Finance Company Ltd as their holding has gone beyond the permitted limit.

• Shriram Equipment to Amalgamate With Transport Finance

  Shriram Equipment Finance Company (SEFC) on Wednesday said it will amalgamate with Shriram Transport Finance Co Ltd (STFC) for better synergy.

• Indian Firms Garner Rs 4,000 Crore via NCDs so far This Fiscal Year

  Indian companies mopped up close to Rs 4,000 crore via retail issuance of non-convertible debentures in the ongoing fiscal year (2014-15), primarily to meet working capital requirements.

• Indian Companies Raise Rs 3,300 Crore via NCDs This Fiscal

  Indian companies have mopped up over Rs 3,300 crore via retail issuance of non-convertible debentures (NCDs) till early this month, primarily to meet their working capital requirements.

• Shriram Transport Finance to Raise at Least Rs 500 Crore via NCDs: Report

  Shriram Transport Finance shares ended 4.8 per cent higher on Thursday compared to a 1 per cent fall in the Nifty.

• Piramal to buy 20% stake in Shriram Capital for $334 million

  Shriram Capital is the holding company for the Chennai-based Shriram group, which controls Shriram Transport Finance Co Ltd and Shriram City Union Finance.

• Shriram Transport Finance to expand car lending book

  The company, which largely finances trucks, buses and tractors, started focusing on this segment six months ago. Out of the total $8 billion assets under management, heavy commercial vehicles account for 40 percent, outlook for which continues to be grim.

• Companies mop up Rs 4,800 crore through issue of retail non-convertible debentures

  Four non-banking finance companies -- Srei Infrastructure Finance Ltd, Shriram Transport Finance Company Ltd, Rural Electrification Corp and Muthoot Finance -- have tapped the NCD route so far in 2013-14. They had a target to mop up Rs 1,700 crore collectively.

• TPG sells 10% stake in Shriram Transport Finance for Rs 1600 crore

  TPG Capital, which held its stake in Shriram Transport Finance Company through Newbridge India Investment Ltd, sold 2.26 crore shares (amounting to 9.98 per cent stake) in the firm, as per data available with stock exchanges. The shares were sold on an average price of Rs 715.15 valuing the deal size at Rs 1,612 crore, data showed.

• TPG sells half stake in Shriram Transport, raises $305 million: report

  US private equity firm TPG Capital has raised $305 million by selling about half of its stake in commercial vehicle financier Shriram Transport Finance Co Ltd, a source with direct knowledge of the matter said on Thursday.

• Companies mop up Rs 7,800 crore through issue of retail non-convertible debentures

  Indian companies have mopped up over Rs 7,800 crore through retail issuance of non-convertible debentures (NCDs) in the ongoing fiscal year, thus garnering nearly twice the amount originally targetted through these issues.

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  Suzlon has sold its Chinese manufacturing subsidiary for Rs 340 crore to bring down long-term debt.

• Shriram Transport Finance Company Ltd - Announces Q4 & FY 11 results

  Shriram Transport Finance Company Ltd has announced the following results for the quarter & year ended March 31, 2011: The Unaudited results for the Quarter ended March 31, 2011 The Company has posted a net profit of Rs 3406.20 million for the quarter ended March 31, 2011 as compared to Rs 2644.20 million for the quarter ended March 31, 2010. T...

• Shriram Transport Finance Company Ltd - Board recommends Final Dividend

  Shriram Transport Finance Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 29, 2011, inter alia, has; 1. Recommended a final dividend of Rs. 4/- per equity share (i.e. 40%) for the year ended March 31, 2011. This is in addition to the interim Dividend of Rs. 2.50/- per equity share (i.e. 25%) alre...