Mahindra & Mahindra Financial Services Limited — QIP/Rights/Pref., 24-01-2025: Allotment of Securities

Mahindra & Mahindra Financial Services Ltd. has announced the allotment of 25,000 Unsecured, Subordinated (Tier II), Redeemable Non-convertible Debentures at an effective yield of 8.27%, aggregating to approximately ₹255.35 Cr. Each debenture has a face value of ₹1,00,000 and will have a residual tenor of nearly 10 years. The issuance was conducted on a private placement basis and is intended for identified investors, with plans for listing on the Wholesale Debt Market Segment of BSE.