The Board of Directors of Mahindra & Mahindra Financial Services Limited (MMFSL), a leading provider of financial services in Emerging India, had on 13th February 2025 approved fund raise of up to INR 3,000 Crore by way of Rights Issue to eligible shareholders of the Company. Subsequent, SEBI has issued SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2025 wherein it has considerably simplified the Rights issue process thereby making it time, process and cost efficient. Accordingly, to avail benefits of the same, the Board of Directors of MMFSL at its meeting held today have passed a fresh resolution to approve fund raise of up to INR 3,000 Crore by way of Rights Issue under the simplified rights issue process.
Financial Results Quarter 4 FY24-25, Standalone and Consolidated Results
The Board of Directors of Mahindra & Mahindra Financial Services Limited (Mahindra Finance), a leading provider of financial services in Emerging India, at its meeting held today, announced the unaudited financial results for the quarter and year ended March 31, 2025. The Board has proposed a final dividend of Rs. 6.50 per fully paid equity share of face value of Rs 2/- each i.e. 325% Vs Rs 6.30 per share in the last fiscal year.
The Board of Directors of Mahindra & Mahindra Financial Services Limited (Mahindra Finance), a leading provider of financial services in Emerging India, at its meeting held today, announced the unaudited financial results for the quarter ended September 30, 2024 (Q2FY25).
Mahindra Finance and Magma HDI General Insurance join hands to expand financial access for emerging India
Magma HDI General Insurance Company, a fast-growing company in India’s general insurance sector has entered into a corporate agency agreement with Mahindra Finance, one of the country’s leading NBFCs.
Mahindra Finance gets approval to launch co-branded Credit Cards with RBL Bank
Mahindra Finance, a part of the diversified Mahindra Group, has received necessary approvals from the Reserve Bank of India to launch co-branded credit cards in association with RBL Bank, one of India’s leading private sector banks.
The Board of Directors of Mahindra & Mahindra Financial Services Limited (Mahindra Finance), a leading provider of financial services in Emerging India, at its meeting held today, announced the unaudited financial results for the quarter ended September 30, 2024 (Q2FY25).