India, Aug. 12 -- The Board of Directors of Mahindra Susten (MSPL), a subsidiary of Mahindra Holdings (MHL), which is a wholly owned subsidiary of Mahindra & Mahindra has approved the offer and issuance of up to 29,79,50,001 equity shares at Rs. 60.40 per share (comprising of face value of Rs. 10/- per share and premium of Rs. 50.40 per share) for cash, aggregating to Rs. 1799.61 crore to the existing equity shareholders of MSPL on a rights basis in one or more tranches to meet the funding requirements of MSPL which inter alia are associated with the renewable power projects won by MSPL during financial year 2025 and financial year 2026 which are now entering execution.Further, the company has received an intimation today from MHL, that MHL...