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Mahindra Finance gets nod to raise funds through NCDs

Mahindra & Mahindra Financial Services (Mahindra Finance) has received an approval for the allotment of 584 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 58.40 crore and 92 Secured Redeemable Principal Protected -Market Linked …

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Mahindra Finance raises funds via NCDs

Mahindra & Mahindra Financial Services (Mahindra Finance) has raised funds through Non-Convertible Debentures (NCDs). The board of directors at their meeting on November 19 has approved the allotment of Secured Redeemable NCDs of face value of Rs 10,00,000 each, at a discount aggregating to Rs 240 crore. The company’s board …

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Mahindra Finance raises Rs 553 crore via NCDs

Mahindra & Mahindra Financial Services (Mahindra Finance) has raised funds aggregating to Rs 553 crore. The duly authorized Committee of the company at its meeting held on November 14, 2018 approved the allotment of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, at par. The …

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