Shriram Automall Strengthens Its Presence in North Indian State Of Haryana -- Shriram Automall

July 12, 2013 - PRLog -- Faridabad, July 09, 2013: Shriram Automall India Limited (SAMIL) commenced the operation of much awaited Automall in Faridabad today. With ample infrastructure and facilities, the Automall will offer a transparent and one-stop platform for acquisition and disposal of pre-owned vehicles and equipment.

The facility was inaugurated by the Chief Guest, Mr. Sameer Malhotra, CEO, Shriram Automall India Limited. Mr. Hardeep Singh, Executive Director & CEO-West & North, Shriram Transport Finance Company Limited, graced the occasion as the Guest of Honour & the Special Guest for the event was Mr. S.K. Sinha, Zonal Credit Head-West & North, Shriram Transport Finance Company Limited.

“With this new Automall, we have taken a step further to create a unique & transparent transaction platform, to endow our customers with a never before experience. Our expanding network enables us to explore the potential of market in this region. We look forward to permeate every market of India by elevating this number to a total of 60 by the end of 2013.” stated Mr.Sameer Malhotra, Chief Executive Officer, Shriram Automall India Limited.

Also speaking on the occasion, Mr. Hardeep Singh, Executive Director & CEO-West & North, Shriram Transport Finance Company Limited said “Since its inception, SAMIL has come a long way, today we are India’s only complete and organized service provider for transaction of all types of pre-owned vehicles and equipment. With highly skilled staff, well-equipped yard, prompt valuation service, easy finance option and documentation facilities, customers are bound to have a delightful experience of doing business with us. SAMIL has always walked an extra mile to add a smile on the customer face.”

The Automall also assists the traders with financing and insurance options, as well as provide services for repair & refurbishing the vehicles. As an add-on facility, rest rooms for travel-fatigued truck drivers and cleaners are also offered. The auto mall facility will be further utilized for holding vehicle events periodically. It also houses Shriram One Stop, a computerized touch screen kiosk which is a virtual Truck Bazaar, providing

real time information about used commercial vehicles available.

About Shriram Transport Finance Company Limited (STFC)

Shriram Transport Finance Company Limited is the flagship company of the Shriram group which has significant presence in Consumer Finance, Life Insurance, General Insurance, Stock Broking and Distribution businesses. Established in 1979, Shriram Transport is today the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets. It has PAN India presence with 530 branch offices. Based at

Mumbai, it manages assets worth Rs 46,500 crores and has a live customer base exceeding 9,00,000.

About Shriram Automall India Limited (SAMIL)

Shriram Automall India Limited (SAMIL), one-of-its-kind facility is a wholly owned subsidiary of Shriram Transport Finance Company. It is India's first ever service provider that offers a platform for acquisition & disposal of used vehicles, construction and agricultural equipment in an organized and transparent manner. The company has already launched its full-fledged facilities in 25 key locations across India. The Automall offers a common meeting platform, where the valuation of the vehicle is determined through a transparent process. In addition, Shriram Automall also promotes two new initiatives: 'Shriram New Look' and 'Shriram One Stop' to provide value-added services to its potential customers.

For further information, please contact: SHRIRAM AUTOMALL INDIA LIMITED

709, Best Sky Tower,

F-5, Netaji Subhash Place,

Pitampura, Delhi -110034

Tel: 011 - 41414444

Fax: 011 - 42414444

E-Mail: contact@samil.in

Website: www.samil.in

Toll Free: 1800 102 4141

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