Shriram City Union Finance Limited Public Issue of Secured Redeemable Non-Convertible Debentures to open on April 5, 2019
Shriram City Union Finance Limited Public Issue of Secured Redeemable Non-Convertible Debentures to open on April 5, 2019 Secured, redeemable non-convertible debentures (“NCDs”) of a face value of Rs.1000 each The Tranche 1 issue includes a Base issue Size for an amount of Rs. 1,000 million(“ Base Issue Size ”) with an option to retain oversubscription up to Rs. 6,500million aggregating up to Rs.7,500million (“ Tranche 1 Issue Limit ”) which is within the Shelf Limit of Rs. 30,000Million (“ Shelf Limit ”) The offer has been rated ‘CARE AA+ Stable’ (Double A Plus; Outlook: Stable) by CARE and ‘CRISIL AA/Stable’ (pronounced as CRISIL double A rating with Stable outlook) by CRISIL The Tranche 1Issue opens on April05, 2019 and Closes on May 3, 2019 with an option of early closure or extension. The NCDs offered through this Tranche 1 Prospectus are proposed to be listed on the BSE Chennai, April 4, 2019 : Shriram City Union Finance Limited, a deposit-ta...