Mahindra & Mahindra Financial Services approves non-convertible debentures (NCDs)
Mahindra & Mahindra Financial Services (BSE: M&MFIN) said it has approved non-convertible debentures (NCDs). The company is valued at about ₹38,960 crore.
What happened
Mahindra & Mahindra Financial Services (BSE: M&MFIN) informed the stock exchanges on 11 November 2026 at 03:39 PM that it has approved non-convertible debentures (NCDs).
Company snapshot
Mahindra & Mahindra Financial Services is a mid-cap company in the Financial Services sector, with a market value of about ₹38,960 crore.
The stock last traded at ₹280.3, against a 52-week range of ₹253.4–₹415 (32.5% below the high).
Before this filing the shares had moved −12.3% over the month and −29.2% over three months. Average daily turnover over the last 20 sessions was about ₹102 crore.
Promoters held 52.48% at the end of Q2 FY27, down 0.01% points from the previous quarter. Foreign institutions owned 9.96% and domestic institutions 31.56%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 5,026 | 564.5 | 4.06 |
| Q3 FY26 | 5,450 | 824.2 | 5.93 |
| Q4 FY26 | 5,539 | 938 | 6.75 |
| Q1 FY27 | 5,718 | 926 | 6.66 |
| Q2 FY27 | 5,936 | 909.4 | 6.54 |
What history shows
BCEIE's records show 4 previous fund raising filings from the company since May 2026.
After those filings, the stock fell 1.4% on average the next trading day and was up 2.3% on average after five days (4 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and +0.2% over five days; 47% of them rose the next day.
Market-wide, 1,784 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 29 Sept 2026 | Allotment of NCDs | −2.1% | −1.2% |
| 24 Sept 2026 | Issue of NCDs | −2.4% | — |
| 18 Jun 2026 | Fund raising | −1.1% | +10.4% |
| 15 Jun 2026 | Fund raising | −0.1% | −2.2% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.