Mahindra Finance raises funds through NCDs
19th Jun 2020

Mahindra & Mahindra Financial Services (Mahindra Finance) has raised funds and alloted 285 Secured Redeemable Principal Protected Non-Convertible Market Linked Debentures (NCDs) of the face value of Rs 10 lakh each, at a premium, aggregating to Rs 28,67,88,090. The duly authorized Committee at its meeting held on June 19, 2020 has approved the allotment of the same.

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