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Mahindra Finance gets nod for allotment of NCDs worth Rs 55 crore

30 Jan 2019 Evaluate

Mahindra & Mahindra Financial Services (Mahindra Finance) has received an approval for the allotment of 550 Secured Redeemable Principal Protected – Market Linked Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, at par, aggregating to Rs 55 crore. The duly authorized Committee of the company at their meeting held on January 29, 2019, approved the same.

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

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