Mahindra & Mahindra Financial Services Ltd Share Price – NSE  / BSE

Finance, Small Cap

Mahindra & Mahindra Financial Services has allotted 15,44,41,240 fully paid-up equity shares of face value of Rs. 2/- each on rights basis to the eligible shareholders and/ or renouncee(s) in terms of the Letter of Offer at an issue price of Rs. 194/- per equity share (including a premium of Rs. 192/- per equity share).

Consequent to the said allotment, the paid-up equity share capital of the Company stands increased to 138,99,71,160 equity shares of Rs 2 each.

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The Board of Mahindra & Mahindra Financial Services  at its meeting held on 08 May 2025 has approved the following terms of rights issue:

a) Instrument: Fully paid-up Equity Shares of face value of Rs. 2 each;

b) Total number of Equity Shares and Issue size: 15,44,41,240 fully paid-up Equity Shares of face value of Rs. 2 each, for an aggregate amount not exceeding Rs. 2996.16 crore.

c) Issue Price: Rs. 194 per fully paid-up Equity Share (including a premium of Rs. 192 per fully paid-up Equity Share). The entire Issue Price will be payable at the time of making the application in the Issue.

d) Record date: Wednesday, 14 May 2025 for determining the shareholders who will be eligible to receive the Rights Entitlement.

e) Rights Entitlement ratio: 1 (one) rights equity share for every 8 (eight) fully paid-up equity shares held by the eligible equity shareholders of the Company, as on the Record date

f) Rights Issue Schedule:

Issue opening date - 22 May 2025

Closure of REs trading - 03 June 2025

Last date for off market renunciation of rights entitlement - 05 June 2025

Issue closing date - 06 June 2025

g) Outstanding Equity Shares:

(a) Prior to the Issue: 123,55,29,920 fully paid-up equity shares of face value of Rs. 2 each

(b) Post the Issue (assuming full subscription): 138,99,71,160 fully paid equity shares of face value of face value of Rs. 2 each

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Mahindra & Mahindra Financial Services has fixed 14 May 2025 as record date for determining the shareholders who will be eligible to receive the Rights Entitlement.

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The Board of Mahindra & Mahindra Financial Services  at its meeting held on 08 May 2025 has approved the following terms of rights issue:

a) Instrument: Fully paid-up Equity Shares of face value of Rs. 2 each;

b) Total number of Equity Shares and Issue size: 15,44,41,240 fully paid-up Equity Shares of face value of Rs. 2 each, for an aggregate amount not exceeding Rs. 2996.16 crore.

c) Issue Price: Rs. 194 per fully paid-up Equity Share (including a premium of Rs. 192 per fully paid-up Equity Share). The entire Issue Price will be payable at the time of making the application in the Issue.

d) Record date: Wednesday, 14 May 2025 for determining the shareholders who will be eligible to receive the Rights Entitlement.

e) Rights Entitlement ratio: 1 (one) rights equity share for every 8 (eight) fully paid-up equity shares held by the eligible equity shareholders of the Company, as on the Record date

f) Rights Issue Schedule:

Issue opening date - 22 May 2025

Closure of REs trading - 03 June 2025

Last date for off market renunciation of rights entitlement - 05 June 2025

Issue closing date - 06 June 2025

g) Outstanding Equity Shares:

(a) Prior to the Issue: 123,55,29,920 fully paid-up equity shares of face value of Rs. 2 each

(b) Post the Issue (assuming full subscription): 138,99,71,160 fully paid equity shares of face value of face value of Rs. 2 each

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Mahindra & Mahindra Financial Services has fixed 14 May 2025 as record date for determining the shareholders who will be eligible to receive the Rights Entitlement.

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Mahindra & Mahindra Financial Serv. will hold a meeting of the Board of Directors of the Company on 8 May 2025.

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Mahindra & Mahindra Financial Services has allotted 15,44,41,240 fully paid-up equity shares of face value of Rs. 2/- each on rights basis to the eligible shareholders and/ or renouncee(s) in terms of the Letter of Offer at an issue price of Rs. 194/- per equity share (including a premium of Rs. 192/- per equity share).

Consequent to the said allotment, the paid-up equity share capital of the Company stands increased to 138,99,71,160 equity shares of Rs 2 each.

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The Board of Mahindra & Mahindra Financial Services  at its meeting held on 08 May 2025 has approved the following terms of rights issue:

a) Instrument: Fully paid-up Equity Shares of face value of Rs. 2 each;

b) Total number of Equity Shares and Issue size: 15,44,41,240 fully paid-up Equity Shares of face value of Rs. 2 each, for an aggregate amount not exceeding Rs. 2996.16 crore.

c) Issue Price: Rs. 194 per fully paid-up Equity Share (including a premium of Rs. 192 per fully paid-up Equity Share). The entire Issue Price will be payable at the time of making the application in the Issue.

d) Record date: Wednesday, 14 May 2025 for determining the shareholders who will be eligible to receive the Rights Entitlement.

e) Rights Entitlement ratio: 1 (one) rights equity share for every 8 (eight) fully paid-up equity shares held by the eligible equity shareholders of the Company, as on the Record date

f) Rights Issue Schedule:

Issue opening date - 22 May 2025

Closure of REs trading - 03 June 2025

Last date for off market renunciation of rights entitlement - 05 June 2025

Issue closing date - 06 June 2025

g) Outstanding Equity Shares:

(a) Prior to the Issue: 123,55,29,920 fully paid-up equity shares of face value of Rs. 2 each

(b) Post the Issue (assuming full subscription): 138,99,71,160 fully paid equity shares of face value of face value of Rs. 2 each

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Mahindra & Mahindra Financial Services has fixed 14 May 2025 as record date for determining the shareholders who will be eligible to receive the Rights Entitlement.

Powered by Capital Market - Live News

The Board of Mahindra & Mahindra Financial Services  at its meeting held on 08 May 2025 has approved the following terms of rights issue:

a) Instrument: Fully paid-up Equity Shares of face value of Rs. 2 each;

b) Total number of Equity Shares and Issue size: 15,44,41,240 fully paid-up Equity Shares of face value of Rs. 2 each, for an aggregate amount not exceeding Rs. 2996.16 crore.

c) Issue Price: Rs. 194 per fully paid-up Equity Share (including a premium of Rs. 192 per fully paid-up Equity Share). The entire Issue Price will be payable at the time of making the application in the Issue.

d) Record date: Wednesday, 14 May 2025 for determining the shareholders who will be eligible to receive the Rights Entitlement.

e) Rights Entitlement ratio: 1 (one) rights equity share for every 8 (eight) fully paid-up equity shares held by the eligible equity shareholders of the Company, as on the Record date

f) Rights Issue Schedule:

Issue opening date - 22 May 2025

Closure of REs trading - 03 June 2025

Last date for off market renunciation of rights entitlement - 05 June 2025

Issue closing date - 06 June 2025

g) Outstanding Equity Shares:

(a) Prior to the Issue: 123,55,29,920 fully paid-up equity shares of face value of Rs. 2 each

(b) Post the Issue (assuming full subscription): 138,99,71,160 fully paid equity shares of face value of face value of Rs. 2 each

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Mahindra & Mahindra Financial Services has fixed 14 May 2025 as record date for determining the shareholders who will be eligible to receive the Rights Entitlement.

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Mahindra & Mahindra Financial Serv. will hold a meeting of the Board of Directors of the Company on 8 May 2025.

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