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Mahindra Finance gets nod to raise Rs 310 crore

03 Feb 2020 Evaluate

Mahindra & Mahindra Financial Services (Mahindra Finance) has received an approval for the allotment of 3,100 Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, at par, aggregating to Rs 310 crore. The duly authorised Committee at meeting held on February 03, 2020, approved the same. The deemed date of allotment is February 03, 2020.

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

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