Recently we described the synthesis and structural characterization of various dimetallaherteroborane clusters, namely nido-[(Cp * Mo) 2 B 4 ECl x H 6−x ], 1-3; (1: E = S, x = 0; 2: E = Se, x = 0; 3: E = Te, x = 1). A combined theoretical and experimental study was also performed, which demonstrated that the clusters 1-3 with their open face are excellent precursors for cluster growth reaction. In this investigation process on the reactivity of dimetallaheteroboranes with metal carbonyls, in addition to [(Cp * Mo) 2 B 4 H 6 EFe(CO) 3 ] (4: E = S, 6: E = Te) reported earlier, reaction of 2 with [Fe 2 (CO) 9 ] yielded mixed-metallaselenaborane [(Cp * Mo) 2 B 4 H 6 SeFe(CO) 3 ], 5 in good yield. The quantum chemical calculation using DFT method has been carried out to probe the bonding, NMR chemical shifts and electronic properties of dimolybdaheteroborane clusters 4-6.