Mahindra & Mahindra Financial Services has raised Rs 2146.99 crore through public issue of NCDs. The Bond Issue Committee on 18 January 2019 has approved the following -

a. The allotment of 181,01,224 Secured Redeemable Non Convertible Debentures having face value of Rs 1000 each.

b. The allotment of 33,68,723 Unsecured Subordinated Redeemable Non Convertible Debentures having face value of Rs 1000 each.

The NCDs shall be listed on BSE.

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Mahindra & Mahindra Financial Services announced that the duly authorised committee at its meeting held on 27 December 2018 has approved the allotment of 167 Secured Redeemable Principal Protected - Market Linked Non-Convertible Debentures(NCDs) of the face value of Rs. 10,00,000 each, at a premium, aggregating to Rs.16.70 crore.

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Mahindra & Mahindra Financial Serv. will hold a meeting of the Board of Directors of the Company on 25 January 2019.

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The duly authorised committee of Mahindra & Mahindra Financial Services at its meeting held on 24 December 2018 has approved the allotment of 3,000 Secured Redeemable Non-Convertible Debentures (NCDs) of theface value of Rs. 10,00,000 each, at discount, aggregating to Rs. 300 crore.

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