Mahindra Finance raises Rs 86 crore through NCDs
5th Jun 2020

Mahindra & Mahindra Financial Services (Mahindra Finance) has raised Rs 86 crore through Secured Redeemable Principal Protected Non Convertible Market Linked Debentures (NCDs) and allotted 860 NCDs having face value of Rs 10 lakh each, at par. The duly authorized Committee at its meeting held on June 05, 2020 has approved and allotted the same.

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