Mahindra & Mahindra Financial Services Limited — Updates, 02-05-2025: Press Release

Mahindra & Mahindra Financial Services has announced a board meeting on fund raising via a rights issue of up to INR 3,000 Cr to strengthen Tier 1 capital and support AUM growth. The secured asset portfolio has grown at a 20% CAGR over 24 months, with GS3 below 4% and credit costs under 2%. The capital infusion is expected to improve capital adequacy by over 200 bps, enabling sustained business expansion.