M&M Finance to Boost Growth with ₹3,000 Crore Rights Issue
2025-02-13
cnbctv18
M&M Finance is set to raise ₹3,000 crore through a rights issue, aiming to significantly enhance its Tier 1 capital by over 200 basis points. This strategic move is designed to fuel the company's ambitious growth plans for the next few years, driving expansion and development in the financial sector. With this capital infusion, M&M Finance is poised to strengthen its position in the market, leveraging the fresh funds to explore new opportunities and reinforce its financial stability, ultimately driving long-term success and profitability in the competitive finance industry, including areas like asset management and investment banking.
