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 The Valero Texas Open Join Forces To Honor Military Heroes
Service Members and Veterans to Receive Exclusive Benefits and Complimentary Access Read more
USAA Stands Strong Amid Wildfire Losses, With More Than $1 Billion In Member Payments
Feb 05 2025 SAN ANTONIO, TX – February 5, 2025 – USAA, a leading financial services p... Read more
USAA Bank Board Appoints Michael Moran As Bank President
Jan 30 2025 San Antonio, TX – January 30, 2025 – Today, USAA Bank Board of Directors a... Read more
USAA Announces Juan C. Andrade As President And Chief Executive Officer
Global, Industry Leader and Public Servant Committed to Serving USAA, the Military Community and Their Families Read more
USAA Extends Sponsorship Of The Army-Navy Game Through 2030
Ahead of the 125th matchup of Army and Navy, USAA Continues Commitment to Academies Read more
Military Community Shows Financial Resilience, Growing Savings By 19% And Cutting Credit Card Balances By 23% Over Last Five Years, New USAA Bank Data Shows
USAA’s Military Financial Wellbeing Index highlights the impact of pandemic-era trends and inflation on service member... Read more