MRF Limited announced the issue of non-convertible debentures INE88A07158 of INR 1,600 million with a maturity of May 27, 2019, INE883A07166 of INR 1,600 million with a maturity date of May 27, 2020, INE883A07174 of INR 1,800 million with a maturity date of May 27, 2021.