Mahindra & Mahindra Financial Services (Mahindra Finance) has raised Rs 303.98 crore through the allotment of 300 Unsecured Redeemable Non-Convertible Subordinated (Tier II) Debentures (NCDs) of the face value of Rs 1,00,00,000 each through private placement. A meeting of the Committee of Directors, as authorized by the Board of Directors of the Company, was held on September 7, 2022 has approved the allotment of the same.
Mahindra Finance is one of India’s leading non-banking finance companies.
