M & M Finance Approves ₹2,996.16 crore Right Issue with 1:8 entitlement ratio. Check out Now

The board of Mahindra & Mahindra Financial Services Limited (MFSL) has approved a rights issue of ₹2,996.16 crores with the record date set as 14th May 2025. The issue is being offered at a price of ₹194 a share, carrying a face value of ₹2. Mahindra & Mahindra Financial Services Limited will be offering the right equity shares to shareholders in the ratio of 1:8. It means that for every 8 fully paid-up shares, shareholders will receive 1 right equity share. 

Mahindra & Mahindra Finance Right Issue Schedule 

M&M Financial Services Limited will open the right issue for subscription on 22nd May 2025, and the closing subscription date is set at 6th June 2025. The eligible shareholders must apply for the Mahindra Finance rights issue within this period to receive equity shares. The applicants can also renounce the right equities in the secondary market in part or full. Per the issue filing, the last date for market renunciation of rights entitlement is 3rd June 2025. Refer to the table below for more information on the Mahindra & Mahindra Financial Services Limited rights issue schedule. 

To be eligible for the rights entitlement (RE), one must hold at least one equity share of Mahindra Finance before 14th May 2025. The applicants for the right issue are required to pay the full amount at the time of application only. Currently, the company has 123,55,29,920 issued and fully paid-up equity shares with a face value of ₹2 per share. M&M Finance is offering up to 15,44,41,920 right equity shares to the investors at a face value of ₹2 each. Consequently, the company’s subscribed and paid-up share capital will increase to 138,99,71,160 shares aggregated to a total face value of ₹277,99,42,320.

Mahindra & Mahindra Financial Services Limited Performance

During fiscal year 2025, Mahindra Finance earned total revenue from operations of ₹18,463.10 crores, which was 16.87% higher than the revenue of FY 2024. In FY 2024, the same Mahindra Finance earned a net profit before tax and extraordinary items of ₹2,588,18 crores, which grew to ₹3,026.91 crores in FY 2025, registering a growth of 16.95%. The reserve and surplus of the company in FY 2025 were ₹21,282.48 crores, higher than 19,686.37 crores in FY 2024. For more details on the financial performance of Mahindra Finance, look at the Letter of Offer for the right issue. 

Key Takeaways

• Mahindra Finance is offering 15,44,41,920 right equity shares to its shareholders at a price of ₹194. 
• The entitlement ratio for the issue is 1:8. It means that for every 8 equity shares, M&M Finance will be crediting 1 right equity share. 
• To become eligible for rights entitlement, an investor must hold at least 1 equity share of Mahindra Financial Services Limited before the record date of 14th May 2025. 
• The subscription timeline for the Mahindra Finance rights issue is 22nd May 2025 to 6th June 2025. 

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Disclaimer: Investment in the share market is subject to risk. This news article is for informational purposes only. Conduct your own research before investing in shares and other securities. 

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