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Shriram Transport mulls Rs 10 bn debt issue
January 17, 2013January 17, 2013by In Infrastructure Finance

Shriram Transport mulls Rs 10 bn debt issue

In order to finance its growth plans, Shriram Transport Finance plans to launch public issue for Rs 1,000 crore worth of debt instruments. The company reportedly requires Rs 20,000-25,000 crore to meet disbursements every year, the majority of which would be met through debt and our own business. The company, which forayed into equipment finance business last year, has not performed well in that verti