 "The company sold 24,017 tractors in the domestic market in May 2020 despite Covid-19 induced lockdown")
Shares of Mahindra & Mahindra (M&M) moved higher by 6 per cent to Rs 485 on the BSE on Wednesday after the company announced fund raising plans.
“The board of directors of the company will meet on June 12, 2020 to consider raising of funds by way of issuance of securities including but not limited to secured/unsecured redeemable non-convertible debentures on private placement basis, in one or more tranches / series,” M&M said in a regulatory filing. READ HERE
The board will also consider and approve the audited standalone and consolidated financial results of the
“The board of directors of the company will meet on June 12, 2020 to consider raising of funds by way of issuance of securities including but not limited to secured/unsecured redeemable non-convertible debentures on private placement basis, in one or more tranches / series,” M&M said in a regulatory filing. READ HERE
The board will also consider and approve the audited standalone and consolidated financial results of the
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