Mahindra & Mahindra Financial - Allotment Of Equity Shares

Mahindra & Mahindra Financial Services Ltd has informed that the Company has allotted 70,00,000 Equity Shares of Rs 10 each to TPG - Axon (Mauritius) II Ltd and 39,00,000 Equity Shares of Rs 10 each to Standard Chartered Private Equity (Mauritius) Ltd on February 28, 2008, on a Preferential Allotment basis. Pursuant to this Preferential Allotment, the paid-up share capital of the Company stands increased from 86,000,525 Equity Shares to 96,900,525 equity Shares.

As a consequence of the increase in the paid-up capital of the Company, the percentage shareholding of the Promoters, Mahindra & Mahindra Ltd stands reduced from 67.72% to 60.10%.

Mahindra & Mahindra Financial - Allotment Of Equity Shares

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.

Mahindra Lifespace - Allotment Of Equity Shares

Mahindra Lifespace Developers Ltd has informed that the Capital Issue Committee of the Directors of the Company at its meeting held on January 31, 2008 has done allotment of 8,61,000 Equity Shares of Rs 10/- each at a premium of Rs 516/- per equity share to the Promoters of the Company under Chapter XIII of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.