Date:06/05/2008 URL: http://www.thehindu.com/2008/05/06/stories/2008050655431500.htm

Business - Briefly

M & M to raise resources through FCD

CHENNAI: The board of directors of Mahindra & Mahindra at its meeting held on May 3 has approved raising additional resources through issuance of unsecured fully and compulsorily convertible debentures to Golboot Holdings Limited, an entity controlled by Goldman Sachs. — Corporate Reporter