Shriram City Union Finance Ltd (SHRIRAMCIT) Corporate Action
As per a circular, Shriram Transport Finance Company Ltd. has announced the allotment of 155 fully paid-up equity shares of Rs 10 each of Shriram Transport Finance Company Ltd. for every 100 fully paid-up equity shares of Rs 10 each of Shriram City Union Finance Ltd., due to the scheme of amalgamation of Shriram City Union Finance Ltd. with Shriram Transport Finance Company Ltd.
You are hereby informed that trading in securities of Shriram City Union Finance Ltd. is therefore suspended w.e.f from 29-Nov-22 in consideration of the amalgamation, transfer, and vesting of Shriram City Union Finance Ltd. into Shriram Transport Finance Company Ltd.
Name of Company | Symbol | Series | Reason for Suspension |
Shriram City Union Finance Ltd. | SHRIRAMCIT | EQ | Scheme of Amalgamation |
Refer: BSE Circular | NSE Circular