Mahindra & Mahindra Board recommends Dividend

Mahindra & Mahindra Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2008, inter alia, has recommended a Dividend of 115% aggregating Rs 11.50 per Ordinary (Equity) Share of the face value of Rs 10 each.
The 62nd Annual General Meeting of the Company will be […]

Mahindra & Mahindra announces Q4 & FY 08 results

Mahindra & Mahindra Ltd has announced the following results for the quarter & year ended March 31, 2008:
The Unaudited results for the Quarter ended March 31, 2008
The Company has posted a net profit from ordinarily activities after tax of Rs 2211.00 million for the quarter ended March 31, 2008 as compared to Rs 2552.30 million […]

Mahindra & Mahindra fixes Book Closure for Dividend & AGM

Mahindra & Mahindra Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 05, 2008 to July 30, 2008 (both days inclusive) for the purpose of payment dividend on the equity shares for the year ended March 31, 2008, which may be recommended by […]

Mahindra & Mahindra clarifies on news item

With reference to the news item appearing in a leading financial daily titled “M&M in talks to buy Kinetic Motors”, Mahindra & Mahindra Ltd has clarified to BSE that it examines / pursues various opportunities in different areas, from time to time on a continuing basis and it is not practicable to comment upon every […]

Mahindra & Mahindra - Board Meeting on May 03, 2008

Mahindra & Mahindra Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 03, 2008, inter alia, to consider a proposal from prospective investor(s) for private placement of Securities by way of preferential issue at a price of to be determined in conformity with the […]

Mahindra & Mahindra Financial Board recommends dividend

Mahindra & Mahindra Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 22, 2008, inter alia, has transacted the following:
1. The Board has recommended a Dividend @ 45 % i.e. 4.50 per Equity Share of the face value of Rs 10 each to the […]

Mahindra & Mahindra Financial Board to consider dividend

Mahindra & Mahindra Financial Services Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 22, 2008 for consideration of the audited financial results of the Company and recommendation of dividend, if any, for the year ended March 31, 2008. Since the Company will be […]

Mahindra & Mahindra & ICICI Venture Consortium inks agreement to acquire Metalcastello S.p.A.

Mahindra & Mahindra Ltd has informed BSE that a consortium of Mahindra & Mahindra Ltd (M&M) and ICICI Venture Funds Managements Ltd, India’s leading PE player with AUM of over $ 2 billion, on April 02, 2008 has signed a definitive agreement agreeing to acquire 100% stake in Metalcastello S.p.A, a leading Italian independent gear […]

Mahindra & Mahindra signs MoU with Government of Maharashtra to invest an additional Rs 1500 crore in Chakan Greenfield

Mahindra & Mahindra Ltd has announced that the Company on March 31, 2008 signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to further boost their investment at its upcoming Chakan Greenfield project. The Company will invest an additional Rs 1500 crore to the already earmarked Rs 2500 crore. The total sum of […]

Mahindra & Mahindra equity shareholders to approve Scheme of Amalgamation

Mahindra & Mahindra Ltd has informed BSE that pursuant to an Order made on February 29, 2008, the Hon’ble High of Judicature at Bombay has directed that, a meeting of the Equity Shareholders of the Company will be held April 12, 2008, for the purpose of considering and, if thought fit, approving, with or without […]