Mahindra & Mahindra Financial Services (Mahindra Finance) is planning to raise funds through Public Issue of Secured Redeemable Non-Convertible Debentures (NCDs) and Unsecured Subordinated Redeemable Non-Convertible Debentures of the face value of Rs 1,000 each for an amount aggregating upto Rs 500 crore with an option to retain oversubscription upto to Rs 3,000 crore aggregating upto Rs 3,500 crore (Tranche I Issue).
Mahindra Finance one of India’s leading non-banking finance companies.