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Mahindra Finance gets nod for allotment of NCDs worth Rs 50 crore

25 Feb 2019 Evaluate

Mahindra & Mahindra Financial Services (Mahindra Finance) has received an approval for the allotment of 500 Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, at par, aggregating to Rs 50 crore. The duly authorized Committee at its meeting held on February 25, 2019, approved the same.

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

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