Processing .....please wait.. 
The article has been forwarded.... 
Mahindra to raise funds through debentures
Mumbai: India's leading multi utility vehicle maker Mahindra and Mahindra will raise additional resources through issuance of fully and compulsory convertible debentures to Golboot Holdings Limited, an entity controlled by Goldman Sachs.
The company will utilise the amount raised through the preferential offer for its auto and tractor businesses.
The company said in a filing to the Bombay Stock Exchange Saturday that its board of directors approved raising additional resources through issuance of 9.3 million 9.25 percent per annum unsecured fully and compulsorily convertible debentures of the face value of 
745 each aggregating over 7 billion to Golboot Holdings.
Source: IANS
745 each aggregating over 7 billion to Golboot Holdings.
Source: IANS