Shriram Transport Finance Slapped with Rs 5 Crore Penalty by ED

The company said it had received a show-cause notice from the Enforcement Directorate in relation to issue of warrants by the erstwhile Shriram Holdings (Madras) Pvt Ltd (SHMPL), which was amalgamated with STFC in April 2012, to a person resident outside India in 2006.

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