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Shriram City Union Finance to issue up to 30B rupees of debentures

Shriram City Union Finance Ltd. plans to issue up to 30 billion Indian rupees of nonconvertible debentures.

The debentures will be issued in one or more tranches.

The company's board will determine the terms of the issuance.

As of March 20, US$1 was equivalent to 68.79 Indian rupees.