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Mahindra Finance to raise funds of Rs 200 crore

31 Oct 2017 Evaluate

Mahindra & Mahindra Financial Services has received an approval for the allotment of Zero Coupon Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, at discount, aggregating to Rs 200 crore.  At the Meeting of the duly authorised Committee which was held on October 30, 2017, the same has been approved.

Mahindra & Mahindra Financial Services is one of India’s leading non-banking finance companies.

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