Mahindra & Mahindra Financial Services to allot 2.50 crore equity shares to M&M

At a price of Rs 422 per share aggregating to Rs 1055 crore

Mahindra & Mahindra Financial Services announced that the Securities Issue Committee ('the Committee') of the Company at its Meeting held on 29 November 2017, approved issuance of 2,50,00,000 Equity Shares of face value of Rs.2 each at a price of Rs.422 each aggregating to Rs.1,055 crore, to Mahindra & Mahindra, the holding company ('the Promoter').

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