Mahindra Finance gets board nod for $463m rights issue

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Mahindra Finance gets board nod for $463m rights issue

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PRAGUE, CZECH REPUBLIC - JANUARY 12, 2019: Red thumbtack in a map. Pushpin pointing at Mumbai city in India. | andriano_cz - stock.adobe.com

The board of directors at Mahindra and Mahindra Financial Services has approved plans for a potential Rp35bn ($463.5m) rights issue.

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