Mahindra & Mahindra hikes stake in subsidiary - Mahindra & Mahindra Financial Services
From 51.20% to 53.25%
Mahindra & Mahindra has agreed to subscribe to 2,50,00,000 Equity Shares of Rs.2 each of Mahindra & Mahindra Financial Services (a Listed Subsidiary of the Company) at a premium of Rs.420 per share on Preferential basis. Pursuant to the above, the shareholding of the Company in MMFSL would increase from 51.20% to 53.25%.Powered by Capital Market - Live News
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