Mahindra & Mahindra Financial Services has received an approval for the allotment of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, at par, aggregating to Rs 450 crore. The Meeting of the duly authorised Committee held on September 28, 2017, approved the same.
Mahindra & Mahindra Financial Services, part of the Mahindra Group, is one of India’s leading non-banking finance companies.