This story is from June 04, 2021
Mahindra Finance raising NCDs worth Rs 600 crore
CHENNAI:
The approval is for allotment of 6,000 NCDs of the face value of Rs 10,00,000 each, at a par, aggregating to Rs 600 crore.
According to company sources, this money is to be used for working
Mahindra Finance
has announced in astock market
filing on Friday that it is raising Rs 600 crore worth of secured redeemablenon-convertible debentures
(NCDs
).According to company sources, this money is to be used for working
capital
purposes.Popular from Business
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