Mahindra & Mahindra Financial Services Limited — QIP/Rights/Pref., 15-07-2025: Allotment of Securities

Mahindra & Mahindra Financial Services (M&MFIN) has successfully allotted 10,000 Listed, Secured, Rated Non-Convertible Debentures (NCDs) via a private placement. These debentures, issued to identified investors at varying prices, raised a total of Rs 100.014 Cr for the company. Each NCD has a face value of Rs 1 lakh and offers a fixed coupon of 7.05% per annum. This fund infusion boosts M&MFIN's liquidity and strengthens its balance sheet. The NCDs are set to be listed on the BSE Wholesale Debt Market, offering an attractive fixed-income instrument.