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Mahindra & Mahindra Financial Services Limited announces Public Issue of Secured and Unsecured Subordinated Redeemable Non-Convertible Debentures (NCDs)
- NCDs of face value of Rs.1000 each for an amount of Rs. 500 crores ("Base Issue Size")
- Option to retain oversubscription up to Rs. 3,000 crores aggregating up to Rs.3,500 crores ("Tranche I Issue")
- Tranche I Issue offers both secured and unsecured NCDs
- The amount reserved for Secured and Unsecured NCDs is Rs. 2,500 crores and Rs.
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