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Mahindra & Mahindra provides update on subsidiary

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Capital Market

Board of Mahindra Lifespace Developers approves rights issue

Mahindra & Mahindra announced that the Board of its subsidiary - Mahindra Lifespace Developers, at its meeting held on 27 October 2016 has approved raising of funds by way of issue of equity shares to the existing shareholders of the Company on a rights basis upto Rs 300 crore.

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First Published: Oct 27 2016 | 5:39 PM IST

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