Mahindra & Mahindra Financial Services Ltd has informed that the Committee of Directors at its Meeting held on February 27, 2008 has allotted 1,09,00,000 (One Crore Nine Lakhs) fully paid-up Equity Shares of Rs 10 each at a price of Rs 380/- (Rupees Three Hundred and Eighty) per Equity Share aggregating to Rs 414,20,00,000 (Rupees Four Hundred and Fourteen Crores Twenty Lakhs) on a Preferential Allotment Basis to TPG-Axon (Mauritius) II Ltd and Standard Chartered Private Equity (Mauritius) Ltd.
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