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Mahindra Finance to raise Rs 10,000 crore via NCDs

29 Dec 2018 Evaluate

Mahindra & Mahindra Financial Services (Mahindra Finance) has received approval from Registrar of Companies to raise up to Rs 10,000 crore through non-convertible debentures (NCDs).  The company will issue secured redeemable NCDs and/or unsecured subordinated redeemable NCDs of face value of Rs 1,000 each.

Mahindra Finance one of India’s leading non-banking finance companies.


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