Thursday, 29 December 2016

Shriram Transport received the approval of the allocation committee

Shriram Transport Committee met today's allocation.



At this meeting, the committee on private placement basis of the original price of Rs 10 lakh to Rs 75, 750 unsecured, redeemable, rated, subordinate, approved the allocation of non-convertible debentures.


The shares closed on Wednesday at Rs 813.50 on the BSE, Shriram Transport and opened at Rs 815.00 with marginal gains today. During trading it rose as high as Rs 836.90 and Rs 815.00 fell to its lowest levels. Or Rs 21.50 at the end of trading, the stock closed at Rs 835.00 with a gain of 2.64%.



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