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Mahindra Holidays and Resorts India Ltd Updates on of IPP Issue


Wednesday, 10 Apr 2013 10:14am EDT 

Mahindra Holidays and Resorts India Ltd announced that with reference to earlier announcement dated April 10, 2013, regarding Outcome of IPP Issue Committee Meeting, Further Mahindra Holidays & Resorts India Ltd has informed BSE that IPP Issue Committee of the Board of Directors of the Company has by a resolution dated April 10, 2013, approved and adopted the Prospectus in respect of the institutional placement of 41,41,084 Equity Shares under Chapter VIII-A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, at an issue price of INR255 per Equity Share, aggregating to INR1055.98 million. The Prospectus will be delivered for registration to the Registrar of Companies, Tamil Nadu at Chennai and filed with the Securities and Exchange Board of India & Exchanges. 

Company Quote

301.15
1.6 +0.53%
1 Sep 2014