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Mahindra & Mahindra plans to raise funds up to Rs 5000 crore

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Capital Market

On private placement basis

Mahindra & Mahindra plans to raise funds by way of issuance of Securities including but not limited to secured/unsecured redeemable Non-convertible Debentures and/or Commercial Papers under Private Placement basis for an aggregate amount not exceeding Rs.5,000 crore. The Board of Directors of the Company will consider the proposal on 30 May 2017.

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First Published: May 24 2017 | 7:03 PM IST

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