Mahindra & Mahindra (M&M) plans a private placement of equity shares by way of preferential issue.According to a release issued by M&M to the BSE today, the company's board is scheduled to meet on May 03 to consider a proposal from prospective investor(s) for private placement of securities by way of preferential issue at a price of to be determined in conformity with the terms of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.
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