Mahindra & Mahindra Financial Services (Mahindra Finance) has raised Rs 350 crore by issuing debt securities. A meeting of the duly authorized committee was held on September 5, 2017, approving the allotment of secured redeemable non- convertible debentures of the face value of Rs 10 lakh each aggregating to Rs 350 crore.
Mahindra & Mahindra Financial Services, part of the Mahindra Group, is one of India’s leading non-banking finance companies.