Shriram City Union Finance Limited informed that the Banking and Securities Management Committee of the Company had at its meeting held on June 15, 2021, among other items have approved the issue of Redeemable Secured Non- Convertible Debentures of face value of INR 1,000,000 each aggregating up to 1,000 NCDs amounting to INR 1,000 million 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 and other applicable laws and circulars as amended from time to time.