SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

MRF to raise Rs 1000 crore through NCDs

12 Feb 2021 Evaluate

MRF has received approval from board of directors for raising of funds by way of issuance of Non-Convertible Debentures (NCDs) on private placement basis aggregating to an amount not exceeding Rs 1000 crore in one or more tranches, and have authorised the Finance Committee of the Company to determine the detailed terms and conditions thereof and the same will be informed to Stock Exchanges as and when finalised. The board of directors at its meeting held on February 11, 2021 approved the same.

MRF is engaged in the manufacturing, distribution and sale of tyres for various kinds of vehicles. The company offers tyre shopping, tyredrome and tyre maintenance services. It also provides an institute for driver development.

MRF Share Price

130559.05 578.85 (0.45%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 130559.05
Apollo Tyres 409.20
CEAT 3325.15
Balkrishna Inds. 2263.25
JK Tyres & Inds. 406.10
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×