Shriram City Union Finance Limited announced that the Banking and Securities Management Committee of the Company had at its meeting held on June 22, 2022 among other items have approved the issue of Secured Rated Listed Redeemable Non-Convertible Debentures (SNCDs) of face value of % INR 1,000,000 each at a re-issue price of INR 1,005,815.58 each for an amount of INR 500 million with green shoe option upto INR 400 million amounting to 9,000,00,000 as one or more issuances, in one or more tranches either as fully paid up or partly paid-up on private placement basis pursuant to the provisions of the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021, SEBI Operational circular on issue and listing of NCDs, PP- MLD,Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Papers and other applicable SEB] Regulations, Companies Act, 2013, Rules, laws and circulars as amended from time to time.