M&M Financial Services to attend Nuvama conference in London

Mahindra & Mahindra Financial Services Limited has scheduled an investor conference in London to discuss its business performance for Q4 FY2026. The meeting, part of the 21st Nuvama India Investor Conference themed "India: Shoring up Self-Reliance", is set for June 8 and June 9, 2026. Company officials will attend the in-person sessions to engage with several funds and investors, providing a general business overview and referencing earnings presentations previously submitted to the stock exchanges.

The discussions will pertain to the business and quarterly updates for the period, specifically referencing the earnings presentation sent to the exchanges on April 2 and April 24, 2026. The company clarified that no unpublished price sensitive information will be shared during these conferences. The disclosure is made in compliance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Schedule of Investor Conference

The table below details the upcoming investor meeting:

Sr. No	Details required	Particulars	Mode of attending	Nature of meet
1.	Details pertaining to the meet/call	21st Nuvama India Investor Conference themed India: Shoring up Self-Reliance 8th and 9th June 2026 9:00 A.M to 5:00 P.M, United Kingdom time	In-person	One on One and Group Meeting
2.	Venue	London, United Kingdom
3.	Details pertaining to registrations	N.A.
4.	Disclaimers/ note to complete/ ease registration/ attending the call	N.A.
5.	Details regarding specific platform requirements, if any	N.A.
6.	Inclusion/ exclusions of Audience/ participants if any	Several Funds/Investors

The company has noted that the dates and times are subject to change due to exigencies on the part of investors or the company. This information is also hosted on the company's website in compliance with Regulation 46(2) of the SEBI Listing Regulations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.12%	+4.39%	-7.22%	-12.91%	+8.81%	+80.23%

Mahindra & Mahindra Financial Services has completed the allotment of Non-Convertible Debentures (NCDs) under its Series AC2026 (Fresh Issuance), following successful bidding on the BSE Bond Electronic Bidding Platform (EBP). The Debenture Allotment Committee approved the allotment on 19th May 2026, issuing 2,20,000 Secured, Rated, Floating, Listed, Redeemable NCDs at a face value of ₹1,00,000 per debenture, aggregating to a total subscription amount of ₹2,200 crore. The allotment comprises a base issue size of ₹2,000 crore and a green shoe subscription of ₹200 crore.

Allotment and Issuance Details

The Debenture Issuance Committee had originally approved the offer and issuance of NCDs on 14th May 2026, within the overall borrowing limits sanctioned by shareholders and the Board of Directors. The issuance was structured with a total offer size of up to ₹3,000 crore (base issue of ₹2,000 crore with a green shoe option of up to ₹1,000 crore), of which ₹2,200 crore was ultimately subscribed and allotted. The NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.

The key terms of the allotment are summarised below:

Parameter:	Details
Type of Security:	Secured, Rated, Floating, Listed, Redeemable Non-Convertible Debenture
Face Value:	₹1,00,000/- per debenture
Type of Issuance:	Private Placement
Number of Debentures Allotted:	2,20,000
Total Subscription Amount:	₹2,200 crore (Base ₹2,000 crore + Green Shoe ₹200 crore)
Listing:	Wholesale Debt Market Segment of BSE Limited
Tenure:	2 years & 364 Days (1095 Days) from the date of Allotment
Date of Allotment:	19th May 2026
Date of Maturity:	18th May 2029
Pay-in Amount:	Based on the bid price(s) on the Electronic Bidding Platform
Coupon/Interest:	3MTBILL+2.10% Spread p.a., payable annually, subject to quarterly reset

Coupon Payment Schedule

The debentures carry a floating interest rate benchmarked to the 3-month T-Bill rate with a spread of 2.10% per annum, payable annually and subject to quarterly reset. The table below illustrates the indicative cash flow schedule based on the initial coupon rate. Actual interest amounts will be determined based on the reset mechanism, given the floating nature of the instrument.

Cash Flows:	Date	No. of Days in Coupon Period	Amount per Debenture (₹)
1st Coupon:	Wednesday, 19 May, 2027	365	7,380.00
2nd Coupon:	Friday, 19 May, 2028	366	7,380.00
3rd Coupon:	Friday, 18 May, 2029	364	7,359.78
Principal:	Friday, 18 May, 2029	—	1,00,000.00

The above cash flow is only an illustration as per the initial coupon rate. Actual interest rates will be determined based on the reset mechanism.

Security and Redemption Terms

The debentures will be secured by way of an exclusive charge in favour of the Debenture Trustee on present and/or future receivables under Loan contracts, Hire Purchase, Lease, owned assets, and book debts to the extent of 100% of the debenture outstanding. The security will be created on assets that are free from any encumbrances, and the company will establish appropriate security in favour of the debenture trustee within the timeframe prescribed under applicable law.

The redemption details are as follows:

Parameter:	Details
Redemption Date:	18th May, 2029
Redemption Amount:	₹1,00,000/- per debenture

In the event of a default in payment of coupon and/or principal redemption on due dates, additional interest at 2% per annum over the coupon rate will be payable by the company for the defaulting period. No special rights, privileges, or interests are attached to the instruments, and there are no pending cancellations or terminations of the issuance proposal.

Source: None/Company/INE774D01024/72586a4e0242484b.pdf