Mahindra & Mahindra Financial Services has informed that a meeting of the Committee of Directors, as authorized by the Board of Directors of the Company, was held today, on Thursday, 23rd March 2023 from 12:15 pm to 12:30 pm, wherein the Committee has approved allotment of 28,500 Senior, Secured, Rated, Listed, Redeemable Non-convertible Debentures at a Fixed Coupon of 8.30% pa (AB2023) of the face value of Rs 1,00,000 each, aggregating to Rs 285 Crores, through private placement.
The above information is a part of company’s filings submitted to BSE.
