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S&P
BSE SENSEX
73,730.16
-609.28
-0.82 %
Corporate Announcement
Security Code
500520
Company
Mahindra & Mahindra Ltd
Exchange Received Time
23/10/2017 16:06:11
Exchange Disseminated Time
23/10/2017 16:06:14
Time Taken
00:00:03
Updates |
10/23/2017 4:06:11 PM
We refer to our letters dated 13th June, 2017, 3rd August, 2017, 4th August, 2017 and 17th October, 2017, with respect to the Initial Public Offering ('Offer') of Mahindra Logistics Limited, a subsidiary of the Company ('MLL') and wish to inform you that, the price band for the Offer has been fixed at Rs.425 to Rs.429 per equity share of Rs.10/- each of MLL, with an employee discount of Rs.42 that will be offered to Eligible Employees [as defined in the Red Herring Prospectus ('RHP')] on the terms and conditions as stipulated in the RHP.
Moreover, the minimum bid lot for the Offer has been fixed at 34 equity shares and can be applied in multiples of 34 equity shares thereafter.
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