Mahindra & Mahindra Financial Services (Mahindra Finance) has raised Rs 225.60 crore through allotment of 2,245 Senior, Secured, Redeemable, Rated, Listed, Principal Protected Non-Convertible Market Linked Debentures (Series AH2022 - I (Further Issuance)) of the face value of Rs 10,00,000 each, at a premium of Rs 4,890 per debenture on private placement. The Board of Directors of the Company at its meeting held on November 24, 2022 has approved the same.
Mahindra Finance is one of India’s leading non-banking finance companies.
