Business Standard

Mahindra & Mahindra Financial Services allots NCDs aggregating Rs 405 cr

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On private placement basis

Mahindra & Mahindra Financial Services has allotted 40,000 Unsecured, Redeemable Subordinated (Tier II) Non-convertible Debentures (NCDs) of the face value of Rs. 1,00,000 per NCD issued at a premium of Rs. 377.50 and accrued interest of Rs. 1026.63935 per debenture aggregating to Rs 405.616 crore on private placement basis.

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First Published: Mar 01 2024 | 1:52 PM IST

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