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Mahindra Finance raises Rs 500 crore via NCDs

15 Nov 2019 Evaluate

Mahindra & Mahindra Financial Services (Mahindra Finance) has raised funds through allotment of 5,000 Secured, Redeemable, Rated, Unlisted, Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, at par, aggregating to Rs 500 crore. The duly authorized Committee at their meeting held on November 15, 2019, approved the same.

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

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