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MUMBAI : Vehicle and tractor manufacturer Mahindra and Mahindra Ltd (M&M) on Monday said that it has allotted rated, listed, unsecured, redeemable non-convertible debentures or NCDs worth ₹500 crore, on a private placement basis.The company, in a regulatory filing, said it has allotted 5,000 NCDs of ₹10 lakh each for cash at par at 6.19% rate of interest.

The NCDs are proposed to be listed on the wholesale debt market (WDM) segment of BSE Ltd.Earlier on June 5, the company had said that it’s loans and investment committee had approved the issuance and offer of 6.19% 5000 NCDs aggregating ₹500 crore for cash at par, on private placement basis.To shore up liquidity, the company had raised ₹1,000 crore by issuing commercial papers and another.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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