Mahindra Finance raises Rs 101 crore though NCDs
27th May 2019

Mahindra & Mahindra Financial Services (Mahindra Finance) has raised funds worth Rs 101 crore. The duly authorized Committee of the company, at their meeting held on May 27, 2019, has approved the allotment of 1,010 Secured Redeemable Principal Protected Non-Convertible Market Linked Debentures (NCDs) of the face value of Rs 10,00,000 each, at par, aggregating to Rs 101 crore.

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