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Mahindra & Mahindra Financial Services LimitedQIP/Rights/Pref., 10-07-2025: Issue of Securities

10-07-2025 | 04:55 pm

Mahindra & Mahindra Financial Services has announced a board meeting on 15th July 2025 to issue up to 10,000 secured, redeemable non-convertible debentures via private placement, aiming to raise up to Rs. 100 Cr. Each debenture has a face value of Rs. 1,00,000 and offers a fixed coupon of 7.05% p.a. The tenure is nearly 2 years, maturing on 29th June 2027, with interest paid annually. The debentures will be secured by exclusive charge on receivables and assets. Proceeds are expected to support the company’s borrowing requirements.

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