Mahindra & Mahindra invests in rights issue of Mahindra & Mahindra Financial Services

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12 June 2025 14:20:00

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Mahindra & Mahindra invests in rights issue of Mahindra & Mahindra Financial Services	Share Back
(10 Jun 2025)
Mahindra & Mahindra has been allotted 8,51,82,612 fully paid-up equity shares of face value of Rs. 2/- each by its listed subsidiary, Mahindra & Mahindra Financial Services pursuant to rights issue at an issue price of Rs 194 per share including premium of Rs 192 per share. Consequently, the company's stake in Mahindra & Mahindra Financial Services stands increased from 64,43,99,987 fully paid-up equity shares of Rs. 2/- each to 72,95,82,599 fully paid-up equity shares of face value of Rs. 2/- each. Further, the percentage of shareholding of the Company in MMFSL stands increased from 52.16% to 52.49%.
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