Shriram City Union Finance Limited announced that Banking and Securities Management Committeeof the Company had at its meeting held on December 1, 2021 among other items haveinter alia approved the issue of Secured Rated Listed Redeemable Non-Convertible Debentures (SNCDs) of face value of INR 10,00,000/- each aggregating up to 6,000 SNCDs amounting to = 6,000,000,000/- in one or more tranches either as fully paid up or partly paid-up on Private Placement basis.