Mahindra Finance raises Rs 25.46 crore via NCDs
11th Jul 2019

Mahindra & Mahindra Financial Services (Mahindra Finance) has raised funds through allotment of 243 Secured Redeemable Principal Protected - Market Linked Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, at a premium, aggregating to Rs 25,46,53,794. The duly authorized Committee at their meeting held on July 11, 2019, approved the same.

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