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Mahindra Finance raises Rs 500 crore via NCDs

20 Mar 2019 Evaluate

Mahindra & Mahindra Financial Services (Mahindra Finance) has raised Rs 500 crore through allotment of 5,000 Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10 lakh each. The duly authorised Committee of the Company at its meeting held on March 20, 2019 has approved the same.

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

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