MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - Outcome of Debentures Public Issue Committee Meeting
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| 06 Jun 2016 | |
| Mahindra & Mahindra Financial Services Ltd has informed BSE that pursuant to the authority given by the Board of Directors of the Company in relation to the Debt Issue matters and in accordance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, the Debentures Public Issue Committee (the "Committee") in its Meeting held on June 06, 2016 has approved the allotment of unlisted, subordinated, redeemable, non-convertible debentures ("NCDs") as follows:<BR><BR>1. The Company has raised Rs.10,00,00,00,000 (Rupees One Thousand Crores) through public issue of NCDs.<BR><BR>2. The Committee vide its resolution passed on June 06, 2016 has, inter-alia, approved the allotment of 1,00,00,000 NCDs having the face value of Rs. 1,000 each in terms of the Shelf Prospectus and Tranche 1 Prospectus dated May 17, 2016.<BR><BR>The said NCDs shall be listed on BSE Limited. | |
| View all announcements for MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. | Source: BSE India |
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