MoneyWorks4Me

Mahindra Finance raises Rs 225 crore trough NCDs

24 Jun 2021 Evaluate

Mahindra & Mahindra Financial Services (Mahindra Finance) has raised up to Rs 225 crore trough secured redeemable non-convertible debentures (NCDs) and allotted 2,250 NCDs having face value of Rs 10 lakh each. A meeting of the duly authorised committee was held on June 24, 2021 has approved the same.

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

Peers