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Singapore's Temasek to invest ₹1,200 crore in Mahindra Electric

Singapore governmentowned temasek has agreed to invest 1200 crore in mahindra electric automobile limited meal temasek will invest the amount via compulsorily convertible preference shares under the deal resulting in temaseks meal shareholding to be between 149297 investment will be made in multiple tranches and has risen meals valuation by 15 from 70070 crore to 80580 crore
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