Mahindra & Mahindra Financial Services To Raise ₹310 Cr Via NCDs
Money & Banking
PTI
New Delhi |
Updated on
February 03, 2020
Published on
February 03, 2020
Non-banking finance firm Mahindra & Mahindra Financial Services on Monday said it will raise up to ₹310 crore through non-convertible debentures (NCDs).
In a filing to BSE, the company said that the duly authorised committee has approved “the allotment of 3,100 secured redeemable non-convertible debentures of the face value of ₹10,00,000 each, at par, aggregating to ₹310 crore.”
The deemed date of maturity of the debentures is February 3, 2023.
The shares of Mahindra & Mahindra Financial Services were trading at ₹357.10 apiece on BSE, up 1.41 per cent from the previous close.
Published on
February 03, 2020
PTI
New Delhi |
Updated on
Non-banking finance firm Mahindra & Mahindra Financial Services on Monday said it will raise up to ₹310 crore through non-convertible debentures (NCDs).
In a filing to BSE, the company said that the duly authorised committee has approved “the allotment of 3,100 secured redeemable non-convertible debentures of the face value of ₹10,00,000 each, at par, aggregating to ₹310 crore.”
The deemed date of maturity of the debentures is February 3, 2023.
The shares of Mahindra & Mahindra Financial Services were trading at ₹357.10 apiece on BSE, up 1.41 per cent from the previous close.
Published on
USAA And U.S.VETS Expand Effort To Prevent Veteran Homelessness Before It Starts
New Financial Resiliency Program Combines Housing, Coaching and Financial Services to Help 50,000 Veterans Build Lasting... Read more
USAA Bank Launches New Rewards Credit Cards, Delivering Higher Value For Everyday Spending
New survey data shows consumers increasingly rely on rewards to offset everyday expenses, from groceries to gas Read more
USAA Names Mara Motherway Senior Vice President And Head Of Government Relations
Jul 09 2026 SAN ANTONIO — July 9, 2026 — USAA today announced the appointment of Mara Moth... Read more
USAA And Wounded Warrior Project Launch $5 Million Initiative To Help Veterans Build Financial Security During The Transition To Civilian Life
Warrior Secure Start is a purpose-built program that combines financial education, personalized coaching and empowerment... Read more
USAA To Honor Those Who Made 250 Years Of Freedom Possible
Through partnerships, events and community engagements, USAA will celebrate the service members whose sacrifices helped ... Read more
USAA Introduces Smoky: A K9 Ambassador Rooted In Military Heritage And Well-being
Company launches first-ever Chief Pawsitivity Officer and announces $60,000 grant to K9s For Warriors to support veteran... Read more