HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
Mahindra Finance raises Rs 500 crore through NCDs
Apr-28-2026

Mahindra & Mahindra Financial Services (Mahindra Finance) has raised Rs 500 crore through the allotment of 50,000 Listed, Secured, Rated, Redeemable Non-convertible Debentures (NCDs) of the face value of Rs 1,00,000 per debenture, issued at par, on private placement basis to the identified investors. The said NCDs have been issued at a Fixed Coupon of 7.71% p.a. and are proposed to be listed on the Wholesale Debt Market Segment of BSE. The Debenture Allotment Committee has on April 28, 2026 approved allotment of the same. 

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


  RELATED NEWS >>