Board Greenlights Merger with Mahindra Rural Housing Finance
Mahindra & Mahindra Financial Services Limited · M&MFIN · NSE ·
The Board of Directors has approved the scheme of merger for its subsidiary, Mahindra Rural Housing Finance Ltd. (MRHFL), to be absorbed into Mahindra & Mahindra Financial Services Ltd. (MMFSL). The share exchange ratio is set at **1.8 equity shares of MMFSL** for every **10 equi…