Shriram City Union Finance Limited informed that the Banking and Securities Management Committee of the Company has at its meeting held on February 24, 2021 among other have approved the issue of Secured Rated Listed Redeemable Principal Protected Market Linked (P-MLD) Non-Convertible Debentures of face value of INR 1,000,000 each for an amount of & INR 1,000 million (Base Issue size) with green shoe option upto INR 4,000 million aggregating up to 5,000 NCDs amounting to & INR 5,000,000,000 in one or more tranches either as fully paid up or partly paid-up on Private Placement basis. This is an intimation under Regulation 50 (2) and other applicable regulations of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time.