 "Mahindra Finance raises Rs 350 crore via debt securities")
"A meeting of the duly authorised committee was held today, approving the allotment of secured redeemable non- convertible debentures of the face value of Rs 10 lakh each aggregating to Rs 350 crore," the company said in a regulatory filing.
The company has not given any detail about the usage of the proceeds.
Shares of Mahindra Finance closed 2.77 per cent up at Rs 438.95 apiece on BSE.
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