In furtherance to letters dated 20th August, 2019 and 30th March, 2021 respectively, (enclosed herewith as 'Annexure 1'), Mahindra & Mahindra Financial Services has informed that the Company has today, i.e. on 10th May, 2021 executed the 'First Amendment' to the Share Subscription, Share Purchase and Shareholders' Agreement dated 20th August, 2019 with Ideal Finance Limited ('Ideal Finance') and its existing shareholders to extend the date of investment of the third and final tranche for acquisition of shares of Ideal Finance from its existing shareholders up to 30th September, 2021, subject to necessary regulatory approvals. This intimation is also being uploaded on the Company's website at https://www.mahindrafinance.com.
The above information is a part of company’s filings submitted to BSE.
