Mahindra lifespace developers -- grab the plot: Buy
The issue is attractively priced and the company’s prospects are likely to improve
The ₹300-crore rights issue of real estate firm Mahindra Lifespace Developers opened last Wednesday, April 12. The issue is open till April 26. The rights shares are being issued to eligible shareholders in the ratio of one share for every four shares held. The proceeds from the issue are to be used predominantly to repay the company’s debt.The rights shares are being given at ₹292 per share aga...
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