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Mahindra & Mahindra Ltd.

BSE: 500520 Sector: Auto
NSE: M&M ISIN Code: INE101A01026
BSE 00:00 | 24 Apr Mahindra & Mahindra Ltd
NSE 05:30 | 01 Jan Mahindra & Mahindra Ltd

Announcement under Regulation 30 (LODR)-Acquisition

April 23, 2020, 10:51 pm | Source: BSE

With reference to the captioned subject we would like to inform you that pursuant to the approval granted by the Board of Directors the Company has today subscribed to 288 Compulsorily Convertible Preference Shares of Sampo Rosenlew Oy Finland an Associate of the Company (Sampo). Pursuant to the said transaction the voting rights of the Company in Sampo would increase from 49.04% to upto 49.14%.