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Mahindra Finance raises Rs 175 crore via NCDs

05 Dec 2019 Evaluate

Mahindra & Mahindra Financial Services (Mahindra Finance) has raised funds through allotment of 1,750 Secured, Redeemable, Rated, Unlisted, Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, at par, aggregating to Rs 175 crore. The duly authorized Committee at their meeting held on December 5, 2019, has approved the same.

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

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