MRF has raised Rs 150 crore through allotment of 15,000 listed, unsecured, rated, redeemable, taxable, non-convertible debentures (NCDs) each having a face value of Rs 1,00,000 on a private placement basis. Date of maturity of the said NCDs will be on February 24, 2026.
MRF is engaged in the manufacturing, distribution and sale of tyres for various kinds of vehicles.