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BSE SENSEX
73,088.33
+599.34
+0.83 %
Corporate Announcement
Security Code
500520
Company
MAHINDRA & MAHINDRA LTD.
Exchange Received Time
21/05/2018 19:28:18
Exchange Disseminated Time
21/05/2018 19:28:25
Time Taken
00:00:07
Board Meeting Of Mahindra & Mahindra Limited To Be Held On 29Th May, 2018 |
5/21/2018 7:28:19 PM
The Shareholders of the Company, at the last AGM held on 4th August, 2017, had approved issuance of Securities including but not limited to secured/unsecured redeemable Non-convertible Debentures and/or Commercial Papers under Private Placement basis for an aggregate amount not exceeding Rs.5,000 crores.Since the approval of the Shareholders in case of offer or invitation for Non-convertible Debentures has a validity of one year in terms of Section 42 of the Companies Act, 2013 read with Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014, it is proposed to seek fresh approval from Shareholders by way of a Special Resolution at the ensuing AGM.
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