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MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - Outcome of Board Meeting
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06 Oct 2017
The Board of Directors of the Company at its Meeting held today, i.e. 6th October 2017, has inter alia considered and approved the raising of funds by way of issue of equity shares or convertible securities subject to receipt of necessary approvals, if any, for an amount not exceeding Rs. 2,250 crores through any permissible mode as may be considered appropriate.&lt;BR&gt; &lt;BR&gt; The Board of Directors has constituted a Securities Issue Committee (&apos;the Committee&apos;) and authorised the Committee to undertake decisions in relation to the proposed issuance including inter alia deciding on: (i) amount, subject to the above limit, (ii) type and number of securities, (iii) mode of issuance, (iv) issue price, (v) investors, (vi) appointment of intermediaries, and (vii) any other allied matters for issuance and allotment of equity shares or convertible securities.&lt;BR&gt;
View all announcements for MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. Source: BSE India