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Mahindra & Mahindra Financial - Allotment of Equity Shares

Mahindra & Mahindra Financial Services Ltd has informed BSE that the Company has allotted 70,00,000 Equity Shares of Rs 10 each to TPG - Axon (Mauritius) II Ltd and 39,00,000 Equity Shares of Rs 10 each to Standard Chartered Private Equity (Mauritius) Ltd on February 28, 2008, on a Preferential Allotment basis. Pursuant to this […]

Mahindra & Mahindra - Acquisition closure of Auto Designing Company in Turin, Italy

Mahindra & Mahindra Ltd (M&M) has announced that the Company has successfully closed acquisition of Auto Designing co., G.R.Grafica Ricerca Design S.r.l (GRD), an Italian auto designing, feasibility and styling Company based out of Turin, Italy. M&M acquired this business through an Italian subsidiary Mahindra Graphic Research and Design (MGRD).
GRD is one of the leading […]

Mahindra & Mahindra Financial - Allotment of equity shares

Mahindra & Mahindra Financial Services Ltd has informed BSE that the Committee of Directors at its Meeting held on February 27, 2008 has allotted 1,09,00,000 (One Crore Nine Lakhs) fully paid-up Equity Shares of Rs 10 each at a price of Rs 380/- (Rupees Three Hundred and Eighty) per Equity Share aggregating to Rs 414,20,00,000 […]

Mahindra & Mahindra - Mahindra Defence Systems in advanced talks with WASS for underwater defence JV

Mahindra & Mahindra Ltd has informed BSE that Mahindra Defence Systems (MDS), the country’s leading provider of high mobility and light bullet proof vehicles to the armed forces, paramilitary and police forces and a division of the US$ 6 billion Mahindra Group, announced that it is in an advanced stage of discussions for a strategic […]

Mahindra & Mahindra - BAE Systems & Mahindra Defence to discuss joint development of Indian Mine Protected Vehicle

Mahindra & Mahindra Ltd has announced that BAE Systems and Mahindra Defence are in discussion to jointly develop an Indian mine protected vehicle based on BAE Systems’ highly successful RG-31 mine protected vehicle. BAE Systems has already supplied 165 mine protected vehicles known as Casspir to the Indian Army since 1999.
At this year’s 5th Defence […]