Mahindra & Mahindra Financial Services Limited has informed the Exchange that the Board of Directors of the Company has fixed the Record Date for the Rights Issue of equity shares. (Refer enclosed letter for Record Date)
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Mahindra & Mahindra Financial Services Limited has fixed Wednesday, 14th May 2025 as the Record Date for its Rights Issue of equity shares. The purpose of this Record Date is to identify shareholders who will be eligible to receive Rights Entitlements under the Rights Issue. This intimation follows the outcome of the Board Meeting held on 8th May 2025, and is being made under Regulation 42 of SEBI Listing Regulations. The company has also uploaded this intimation on its investor relations website.
Shareholders holding equity shares of the company as of 14th May 2025 will be eligible to receive Rights Entitlements. Existing investors may need to decide whether to participate in the rights issue or let their entitlements lapse, which could lead to short-term dilution or cash outflow for those choosing to subscribe.