New Delhi -°C
Today in New Delhi, India

Dec 05, 2020-Saturday
-°C

Humidity
-

Wind
-

Select Country
Select city
ADVERTISEMENT
Home / India / Mahindra and Mahindra to raise Rs 1,350 crore

Mahindra and Mahindra to raise Rs 1,350 crore

Utility vehicle manufacturer Mahindra and Mahindra plans to raise up to Rs 1,350 crore for launching new products.

india Updated: Apr 21, 2007, 17:19 IST
Hindustan Times
Hindustan Times
None

Utility vehicle manufacturer Mahindra and Mahindra plans to raise up to Rs 1,350 crore for launching new products, capacity expansion and acquisitions. M&M would raise up to Rs 1,260 crore from international markets through issuance of equity shares or Foreign Currency Convertible Bonds (FCCBs). It would also raise Rs 90 crore through the issue of shares or other securities to Qualified Institutional Buyers (QIP).

Sign In to continue reading