On preferential basisMahindra CIE Automotive announced that the Preferential Allotment Committee of Board of Directors of the Company at its meeting held on 19 October 2016, issued and allotted the first tranche of 35,997,180 Equity Shares of face value of Rs. 10/- (Equity Shares) each at a price of Rs. 200 per share on preferential basis.
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