Edition:
India

Mahindra And Mahindra Board Recommends Dividend Of 2.35 Rupees/Share


Friday, 12 Jun 2020 

June 12 (Reuters) - Mahindra and Mahindra Ltd ::ENHANCED LIMIT OF RAISING FUNDS BY WAY OF ISSUANCE OF SECURITIES FROM EXISTING LIMIT OF 50 BILLION RUPEES TO 75 BILLION RUPEES.BOARD RECOMMENDED DIVIDEND OF 2.35 RUPEES/SHARE.RECOGNISED LOSS OF 27.80 BILLION RUPEES FOR QUARTER ON ACCOUNT OF IMPAIRMENT PROVISION FOR CERTAIN LONG-TERM INVESTMENTS.