Shriram Transport Finance Company Limited informed that the Allotment Committee - NCDs of the Company in its meeting held 17 August 2022, approved and allotted senior secured rated, listed, redeemable, Non-convertible debentures (NCD) of face value of INR 1,000,000/- each on private placement basis. The details as follows: Issuer: Shriram Transport Finance Company Limited; Series Name: Series STFCL 01 PPD AUG 2022-23; Kinds of securities offered: Senior, secured, rated, listed, redeemable, Non - Convertible Debentures; ISIN: INE721A07RA4; Allotment Size: 33,000 NCDs; Type of Interest/Coupon Basis: Fixed; Coupon Rate: 8.72% p.a.; Details of Payment of Interest: Annually and on Maturity (17th August 2023, 17th August 2024, 17th August 2025, 17th August 2026, 17th August 2027, 17th August 2028, 17th August 2029, 17th August 2030, 17th August 2031 and 17th August 2032); Date of Allotment: 17th August 2022; Face Value per NCD: INR 1,000,000/-; Issue Price per NCD: INR 1,000,000/-; Issue Size (As per Face Value): INR 33,000 million; Whether NCDs are proposed to be listed: Yes, on the WDM segment of BSE; Tenor: 10 Years; Date of Maturity: 17th August 2032; Charge /security, if any, created over the assets: Yes, Secured: Objects & Utilization of the Issue Proceeds: 100% of the proceeds of the Issue shall be utilised towards augmenting the long term resources of the Company for financing of vehicles such as `Commercial Vehicles' and other general purposes of the Company.