Mahindra & Mahindra Financial Services (Mahindra Finance) has raised funds aggregating to Rs 400 crore through allotment of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10 lakh each. The deemed date of allotment is July 12, 2018 which has tenure of 2 years and 1 day from the deemed date of allotment and has a maturity on July 13, 2020.
The meeting of the Duly Authorised Committee of the company held on July 12, 2018, approved and allotted the same.
Mahindra Finance one of India’s leading non-banking finance companies.
