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Mahindra Finance raises Rs 104 crore via NCDs

15 Oct 2019 Evaluate

Mahindra & Mahindra Financial Services (Mahindra Finance) has raised funds through allotment of 1,000 Secured Redeemable Principal Protected Non-Convertible Market Linked Debenture (NCDs) of the face value of Rs 10,00,000 each, at par, aggregating to Rs 104.18 crore. The duly authorized Committee at its meeting held on October 15, 2019, has approved the same.

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

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