Mahindra & Mahindra Financial Services Limited — QIP/Rights/Pref., 27-02-2025: Allotment of Securities

Mahindra & Mahindra Financial Services Ltd. has announced the allotment of 50,000 Unsecured, Rated, Listed, Subordinated Redeemable Non-convertible Debentures (NCDs) with a total issue size of ₹500 Cr. Each debenture has a face value of ₹1,00,000, issued at par, carrying a coupon rate of 8.30% per annum for a tenor of 10 years. The allotment, made on a private placement basis to identified investors, is set for listing on the Wholesale Debt Market Segment of BSE Limited.