Saturday , October 16 2021

Mahindra Finance raises Rs 900 crore though NCDs

Mahindra & Mahindra Financial Services (Mahindra Finance) has raised funds worth Rs 900 crore. The duly authorized Committee of the company, at their meeting held on May 30, 2019, has approved the allotment of 9,000 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 900 crore.

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

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