Mahindra & Mahindra to issue NCDs aggregating Rs 1000 cr

On private placement basis

Mahindra & Mahindra has received the approval of the company's Loans & Investment Committee for issuance and offer of 6.78%, 10,000 nos. of Rated, Listed, Unsecured, Redeemable Non-convertible Debentures of Rs.10,00,000/- each aggregating Rs.1,000 crore for cash at par, ('NCDs') on Private Placement basis.

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