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Mahindra Finance to raise funds up to Rs 40,000 crore

26 Apr 2018 Evaluate

Mahindra & Mahindra Financial Services (Mahindra Finance) has received an approval for issue of Secured and/ or Unsecured Redeemable Non-Convertible Debentures including Subordinated Debentures on a private placement basis, for an aggregate amount not exceeding Rs 40,000 crore, within the overall borrowing limits of the company. The Board of Directors of the company at its meeting held on April 25, 2018, approved the same.

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

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