08.17.06

M&M allots 34,310 shares on FCCB conversion

Posted in News, India, share market at 12:48 am by Mridul

M&M allots 34,310 shares on FCCB conversion

Mahindra & Mahindra on Monday said it had allotted 34,310 equity shares upon conversion of FCCBs. The company informed the BSE (Bombay Stock Exchange) it had allotted the equity snares upon PCCB conversion by bondholders. Shares of the company closed a) Rs 620.15, up 1.16% on the BSE on Monday.

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