Archive for August 14th, 2007
Tata, M&M to meet Jaguar, Rover brass
0 Comments Published August 14th, 2007 in Ford India, Tata Motors, Mahendra&Mahendra.
Ford has invited its shortlisted bidders to meet the managements of the two firms on the block—Jaguar and Land Rover. The process will be completed in the next three weeks. Industry insiders say both Tata Motors and M&M have been contacted for the management meetings. They will be followed by detailed due diligence.
One of the […]
M&M allots shares on conversion of FCCBs
0 Comments Published August 14th, 2007 in Mahendra&Mahendra.
Mahindra & Mahindra (M&M) on August 13, allotted 34,310 equity shares upon the exercise of conversion option by the bondholder of the zero coupon foreign currency convertible bonds (FCCBs) of the company.
The above 34,310 equity shares shall rank pari passu in all respects with the existing equity shares of the company. […]