SECTOR
Mahindra Finance to raise upto Rs 1000 crore through NCDs
Apr-23-2026

Mahindra & Mahindra Financial Services (Mahindra Finance) has received approval from Committee of Directors for issuance of upto Rs 1000 crore (Base issue Rs 500 crore with Green shoe of additional Rs 500 crore) Secured, Rated, Listed, Redeemable Nonconvertible Debentures (NCDs) on private placement basis, within the overall borrowing limits approved by the shareholders and authorization granted by the Board in this regard. Maturity of the said NCDs will be on March 28, 2029 and allotment will be on April 28, 2026. 

The meeting of the Committee of Directors to approve the said issuance held on April 23, 2026. 

Mahindra Finance is one of India’s leading non-banking finance companies.

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