Shriram City Union Finance Limited informed that the Banking and Securities Management Committee of the Company has at its meeting held on December14, 2020 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 1,000 million aggregating up to 2,000 NCDs amounting to & INR 2,000,000,000 in one or more tranches either as fully paid up or partly paid-up on Private Placement basis pursuant to the Securities and Exchange Board of India (SEBI) (Issue and Listing of Debt Securities) Regulations, 2008, circular dated September 28, 2011 issued by SEBI on Guidelines for Issue and Listing of Structured Products/Market Linked Debentures and other applicable laws and circulars as amended from time to time.