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SEFC to raise Rs.200 cr

SEFC to raise Rs.200 cr
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From private equity (PE) investors, Shriram Equipment Finance Company (SEFC) is mulling to raise about Rs 150-200 crore and rope in strategic investors.

SEFC is a subsidiary of Shriram Transport Finance Corporation, which has an asset base of about Rs 56,000 crore. The company expects to grow at a compounded annual rate of 15 per cent and require Rs 150-200 crore, the company said.

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