Mahindra & Mahindra Merger & Restructuring
Mahindra & Mahindra's stake in New Democratic Electoral Trust (NDET) reduced to 49.63%, causing NDET to cease being a step-down subsidiary of the Company.
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Every Mahindra & Mahindra merger & restructuring announcement on NSE and BSE, newest first, each with its own page.
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Mahindra & Mahindra's stake in New Democratic Electoral Trust (NDET) reduced to 49.63%, causing NDET to cease being a step-down subsidiary of the Company.
Mahindra & Mahindra is selling a 51% stake in its subsidiary, Novavayu Aerospace Limited, to Embraer S.A. for a consideration of approximately Rs. 0.051 Crore.
Mahindra & Mahindra's step-down subsidiary, Mahindra Defence Systems, incorporated Novavayu Aerospace Limited as a wholly owned subsidiary for an investment of ₹0.1 Crore.
Mahindra & Mahindra will merge its wholly owned subsidiary, Mahindra Investment Company (Mauritius) Limited, into itself. No cash or share consideration is involved.
Mahindra & Mahindra will sell its Truck and Bus Division to SML Mahindra Limited on a slump sale basis. The transaction is valued at ₹525 crore.
Mahindra & Mahindra updated the divestment of Erkunt Sanayi. A USD 10 million (Rs. 47 crore) infusion is expected by August 2026.
Mahindra & Mahindra's subsidiary, Mahindra Lifespace, incorporated MKDL as a wholly owned subsidiary. The acquisition cost was ₹0.01 Crore.
Mahindra & Mahindra incorporated a 50:50 life insurance joint venture with Manulife Holdings. The new entity has a Rs. 1 Crore paid-up capital base.
Mahindra & Mahindra incorporated a 50:50 life insurance joint venture with Manulife Holdings. The company invested ₹0.50 Crore for its initial stake in the new entity.
Mahindra & Mahindra's subsidiary sold its remaining 3.58% stake in CIE Spain for ₹1,411.20 Crore. The divestment results in Mahindra holding nil stake in CIE.
Mahindra & Mahindra's subsidiary, MEAL, allotted equity shares to BII and Temasek upon conversion of CCPS valued at ₹40,425 Crore. This transaction dilutes M&M's stake in MEAL from 99.99% to 92.45%, though it remains a subsidiary.