Mahindra & Mahindra share news, announcements and annual reports
NSE: M&MBSE: 500520AutomobilesLarge Cap
Mahindra & Mahindra Limited · Face value ₹5 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Feb 1956 on BSE, Jan 1996 on NSE
Last close ₹2,840.30down ₹49.70 (1.72%)BSE ₹2,844.00
Share price at the NSE close on 30 Oct 2026. Previous close ₹2,890.00.
30 Oct: open ₹2,895.70, high ₹2,905.40, low ₹2,839.00
52-week range of traded prices to 30 Oct 2026
₹2,744.30Low, 8 Oct 2026₹3,839.90High, 5 Jan 2026
- Next results date: the board meets on 5 Nov 2026 to consider: financial results and other business matters. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹3,53,199 Cr14th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 19.12
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 3.79
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.16%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 21.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 13.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 1.18
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 18,59,36965.4% delivered
Mahindra & Mahindra share news and announcements
3,306 announcements, routine notices left out, newest first. Page 63 of 67.
May 2010
29 May · Results
Standalone Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 1845202 lacs for year ending on 31-MAR-2010 against Rs. 1298525 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 208775 lacs for the year ending on 31-MAR-2010 against Rs. 86751 lacs for the year ending on 31-MAR-2009.24 May · Corporate action
Register of Members and Share Transfer Books of the Company will remain closed for payment of dividend and Annual General Meeting from July 10, 2010 and July 28, 2010, both days inclusive.
Apr 2010
29 Apr · Board meeting
For consideration of the audited financial results of the Company and recommendation of dividend, if any, for the year ended March 31, 2010.16 Apr · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release dated April 16, 2010, titled " M&M and Renault announce restructuring of their JV Mahindra Renault Pvt. Ltd. (MRPL)". A copy of the press release shall be available on the NSE website http://www.nseindia.com) under: Corporates > Latest announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.12 Apr · Results
Mahindra & Mahindra Ltd. has informed the Exchange that "Since the Company will be publishing the Audited Accounts for the financial year ended 31st March, 2010 within sixty days from the end of the financial year, the unaudited results for the quarter ended 31st March, 2010 will not be published".
Mar 2010
31 Mar · Business
Mahindra & Mahindra Ltd. has informed the Exchange that the Board of Director of the Company at its Meeting held on March 30, 2010 have approved a Scheme of Arrangement between Mahindra Shubhlabh Services Limited, a subsidiary ("MSSL") and Mahindra & Mahindra Limited ("the Company") and their respective Shareholders and Creditors which inter alia envisages demerger of the Agri Inputs Business along with other common assets and liabilities ("Non Fruit business") of MSSL into the Company and other consequential matters under the provisions of Sections 391 to 394 of the Companies Act, 1956. The Company directly or indirectly, holds about 83.05% of the Equity Share Capital of MSSL. The Scheme is subject to the consent of the requisite majority as the case may be of the Shareholders and/or Creditors of the Company and MSSL as may be directed and sanction of the Scheme by the Honourable High Court of Judicature at Bombay. The salient features of the proposed Scheme shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.31 Mar · Management
Mahindra & Mahindra Ltd. has informed the Exchange that the Board of Directors of the Company at its Meeting held on March 30, 2010 has approved the following changes in its composition as under: (1) Mr. A. K. Nanda, Executive Director of the Company, after 36 illustrious years of service of which 18 years were as an Executive Director, has decided to step down from his executive position with effect from the close of March 31, 2010. (2) Mr. Nanda has been appointed as an Additional Director of the Company with effect from April 01, 2010 and shall hold office as such upto the date of the next Annual General Meeting of the Company ("AGM") pursuant to the provisions of Section 260 of the Companies Act, 1956.29 Mar · Board meeting
Inter alia consider a Scheme of Arrangement between Mahindra Shubhlabh Services Limited, a subsidiary ("MSSL") and Mahindra & Mahindra Limited ("the Company") and their respective Shareholders and Creditors which inter alia envisages demerger of the Agri Inputs Business of MSSL into the Company.17 Mar · Corporate action
Mahindra & Mahindra Ltd. had informed the Exchange about passing of Resolutions by the Shareholders of the Company for the sub-division of each Equity Share of the Company of the face value of Rs.10 fully paid-up into 2 Equity Shares of the face value of Rs.5 each fully paid-up and the consequential amendments to the Memorandum and Articles of Association of the Company by means of a Postal Ballot. The Company has now informed the Exchange that, the Company has fixed March 30, 2010 as the 'Record Date' for the purpose of ascertaining the list of Shareholders who would be entitled to receive 2 Ordinary (Equity) Shares of the Face Value of Rs.5 each of the Company in lieu of every One Ordinary (Equity) shares of the Face Value of Rs. 10 held by them.15 Mar · Results
Mahindra & Mahindra Ltd. has submitted to the Exchange results of postal ballot on the resolutions as proposed in the Notice dated February 05, 2010. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.15 Mar · Business
Mahindra & Mahindra Ltd. has informed the Exchange, vide its letter dated March 15, 2010 regarding a press release dated March 13, 2010, titled "Mahindra inaugurates its future-ready auto manufacturing plant at Chakan in Maharashtra". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Feb 2010
11 Feb · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release dated February 11, 2010, titled " Mahindra & Mahindra and Mitsubishi Agricultural Machinery tie-up to deliver FarmTech prosperity". A copy of the press release shall be available on the NSE website http://www.nseindia.com) under: Corporates > Latest announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.9 Feb · Meeting
Mahindra & Mahindra Ltd. has informed the Exchange regarding a Postal Ballot Notice pursuant to Section 192A of the Companies Act, 1956 for passing the following resolutions : 1) Ordinary Resolution to sub-divide each of the Ordinary (Equity) share of the face value of Rs.10/- each into 2 Ordinary (Equity) shares of the face value of Rs.5/- each; 2) Ordinary Resolution to amend Clause 5 of the Memorandum of Association of the Company; 3) Special Resolution to amend Clause 3 of the Articles of Association of the Company. A copy of the Notice of Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.3 Feb · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release dated February 03, 2010, titled "Mahindra launches Maxximo at an unbeatable price of Rs.2.79 lakh". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2010
27 Jan · Board meeting
Mahindra & Mahindra Ltd. has informed the Exchange that "The Board of Directors of the Company at its Meeting held on 25th January, 2010 has agreed to subscribe not exceeding 72,99,270 Warrants (hereinafter referred to as "Warrants"), on a preferential basis, to be issued by Mahindra Forgings Limited, a Subsidiary of the Company ("MFL"), wherein each Warrant would entitle the Company to apply for and be allotted one Equity Share of MFL of the face value Rs.10 each, at a price of Rs.137 per share. The proposed issue of Warrants by MFL is in accordance with Section 81(1A) of the Companies Act, 1956 and the Regulations prescribed under Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009".27 Jan · Allotment of Equity Shares
Mahindra & Mahindra Ltd. has informed the Exchange regarding Allotment of Ordinary (Equity) Shares upon compulsory conversion of 9.25% Unsecured Fully and Compulsorily Convertible Debentures. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.25 Jan · Corporate action
Mahindra & Mahindra Ltd. has informed the Exchange that "The Board of Directors of the Company at its Meeting held on January 25, 2010 has, inter alia, subject to requisite approvals being obtained by the Company, approved the sub-division (stock-split) of each of the Ordinary (Equity) Share of the face value of Rs.10 each in the Equity Share Capital of the Company fully paid-up into 2 Ordinary (Equity) Shares of the face value of Rs.5 each fully paid-up and consequential amendments to the Capital Clauses in the Memorandum and Articles of Association of the Company. The Company would be seeking consent of the Shareholders for the aforesaid by a Postal Ballot in accordance with section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001. The Board has fixed February 05, 2010 as the cut off date for ascertaining the list of Shareholders to whom Notice and Postal Ballot Form will be sent".25 Jan · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release dated January 25, 2010, titled "M&M's PAT zooms by 849% in Q3". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.25 Jan · Results
Mahindra & Mahindra Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2009 as follows: Net Sales of Rs. 447870 lacs for quarter ending on 31-DEC-2009 against Rs. 250625.6 lacs for the quarter ending on 31-DEC-2008. Net Profit / (Loss) of Rs. 41370 lacs for the quarter ending on 31-DEC-2009 against Rs. 119.66 lacs for the quarter ending on 31-DEC-2008.5 Jan · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release dated January 05, 2010, titled "Mahindra Maxximo: Next-generation Mini-truck with World's First 2-Cylinder C2 CRDe Engine Launched at Auto Expo 2010". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.4 Jan · Board meeting
To consider and approve the Company's Unaudited Financial Results of Mahindra & Mahindra Ltd. for the third quarter ended December 31, 2009.
Dec 2009
21 Dec · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release dated December 21, 2009, titled " Mahindra & Yueda Joint Venture in China to invest in Engine R&D Centre and manufacturing plant."A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.15 Dec · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release dated December 15, 2009, titled "Mahindra soars into the aerospace segment; Acquires majority stake in two Australian companies". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.15 Dec · Updates
Mahindra & Mahindra Ltd. has informed the Exchange vide its letter dated December 15, 2009 that "A minor fire broke out yesterday at the Nagpur Factory manufacturing Tractors in the Engine Testing Bed. Nobody has been injured in the incident. As per the initial assessment of the Company, the damage is expected to be around Rs.60 lakhs. This loss / damage is fully covered by insurance and necessary insurance claim is being initiated. The machine shop and assembly which were temporarily affected have since started functioning and the Management does not expect the fire to affect the production schedule."10 Dec · Updates
Mahindra & Mahindra Ltd. has informed the Exchange that "An appeal filed by the Company in respect of the Excise classification of the Commander vehicles has been rejected by the Hon'ble Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai. The appeal was against the demand made on the Company for payment of differential excise duty of Rs. 216.03 crores and penalty of Rs. 88.08 crores in connection with the classification of Commander range of vehicles as 10 seater during the years 1991-1996. The Company is yet to receive the copy of the said Order. The Company believes that it has a strong case on merits and would be filing an appeal to the Hon'ble Supreme Court in due course. It may be mentioned that the classification of the vehicle as claimed by the Company was on an earlier occasion upheld by the Hon'ble CESTAT in favor of the company against which the Department had preferred an appeal to the Hon'ble Supreme Court".9 Dec · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release being issued by Mahindra USA Inc., a wholly owned subsidiary of the Company, dated December 08, 2009, titled "Mahindra USA Opens New Distribution Point". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.2 Dec · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release titled "ICRA has reaffirmed the LAA+ & A1+ ratings of Mahindra & Mahindra Limited". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Nov 2009
30 Nov · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release dated November 30, 2009, titled "Mahindra and BAE Systems sign Joint Venture agreement". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.13 Nov · Disclosure
Vide its letter dated November 12, 2009 that "An intimation has been received from Mahindra & Mahindra Limited (the Company) today by Mr. Anand Mahindra, Mr Bharat Doshi and Mr. A. K. Nanda that 10,00,000 Ordinary (Equity) Shares of the Company have been allotted to them as the Trustees of Mahindra & Mahindra Employees' Stock Option Trust (the Trust)". Further, Mahindra & Mahindra Employees' Stock Option Trust has submitted to the Exchange disclosure in Form D under Regulation 13(4) of the Regulations, regarding details of change in shareholding of the Trustees of the Trust. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.13 Nov · Disclosure
Mahindra & Mahindra Ltd. has submitted to the Exchange disclosure under Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.12 Nov · Allotment of shares
Mahindra & Mahindra Ltd. has informed the Exchange vide its letter dated November 12, 2009, that: "The Company has pursuant to the approval of the Remuneration / Compensation Committee and the Board of Directors of the Company, today allotted 10,00,000 Ordinary (Equity) Shares of Rs.10 each to the Trustees of Mahindra & Mahindra Employees' Stock Option Trust at a premium of Rs.714 per Share, making in the aggregate a total price of Rs.724 per Share, under the Mahindra & Mahindra Limited Employees Stock Option Scheme of the Company. This is in line with the approval of the Shareholders at the 54th Annual General Meeting held on 31st July, 2000 and the 58th Annual General Meeting held on 28th July, 2004 respectively. The aforesaid 10,00,000 Ordinary (Equity) Shares rank pari passu in all respects with the existing Ordinary (Equity) Shares of the Company".9 Nov · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release dated November 09, 2009, titled "Mr. Anjanikumar Choudhari to retire as President, Farm Equipment Sector, Mahindra & Mahindra Limited; Dr. Pawan Goenka, President - Automotive Sector to take on this role as an additional responsibility". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2009
30 Oct · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release dated October 30, 2009, titled "Arun Nanda requests for redefinition of his role at Mahindra & Mahindra Limited - to continue with the Mahindra Group in a non-executive capacity while pursuing his interest in social sector". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.29 Oct · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release dated October 29, 2009, titled "M&M Q2 Net soars by 242%". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.29 Oct · Results
Mahindra & Mahindra Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 446500 lacs for quarter ending on 30-SEP-2009 against Rs. 309295.14 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 70294 lacs for the quarter ending on 30-SEP-2009 against Rs. 22677.54 lacs for the quarter ending on 30-SEP-2008.29 Oct · Results
Mahindra & Mahindra Ltd. has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 869446 lacs for half year ending on 30-SEP-2009 against Rs. 628813.69 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 110379 lacs for the half year ending on 30-SEP-2009 against Rs. 38607.78 lacs for the half year ending on 30-SEP-2008.28 Oct · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release dated October 28, 2009, titled "Mahindra creates a new category by launching India's first Compact Truck". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.5 Oct · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release dated October 05, 2009, titled "Crisil revises rating outlook on Mahindra & Mahindra to 'Stable'". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.5 Oct · Board meeting
To consider and approve the Company's Unaudited Financial Results for the second quarter and half year ended September 30, 2009.
Sep 2009
17 Sep · Rating
Mahindra & Mahindra Ltd. has informed the Exchange that CRISIL Limited has reaffirmed its CRISIL GVC Level 1 rating for Mahindra & Mahindra Limited. This rating indicates that the Company's capability with regard to Corporate Governance and Value Creation for all its stakeholders is the 'highest'. The Company enclosed a press release issued by CRISIL pertaining to the captioned subject. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2009
5 Aug · Meeting
Mahindra & Mahindra Ltd. has submitted to the Exchange a copy of the Resolutions passed at the Annual General Meeting of the Company held on July 30, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.5 Aug · Limited Review Report
Mahindra & Mahindra Ltd. has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2009
30 Jul · Meeting
Mahindra & Mahindra Ltd. has informed the Exchange regarding the Outcome of Annual General Meeting of the Shareholders of the Company held on July 30, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.30 Jul · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release, dated July 30, 2009, with respect to the Unaudited Financial Results for the quarter ended June 30, 2009. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.30 Jul · Results
Mahindra & Mahindra Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 422946 lacs for quarter ending on 30-JUN-2009 against Rs. 329344.86 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 40085 lacs for the quarter ending on 30-JUN-2009 against Rs. 15930.25 lacs for the quarter ending on 30-JUN-2008.2 Jul · Board meeting
Meeting on 30 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”
Jun 2009
29 Jun · Business
Mahindra & Mahindra Ltd. has informed the Exchange regarding a press release, being issued by Mahindra Holidays & Resorts India Limited, a subsidiary of the Company, dated June 29, 2009, titled "Mahindra Holidays & Resorts India Limited IPO : Price Fixed at Rs. 300 per equity share". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.18 Jun · Business
Mahindra & Mahindra Ltd. has informed the Exchange vide its letter dated June 18, 2009 regarding a press release dated June 17, 2009, titled "Mahindra Holidays & Resorts India Limited IPO opens on June 23,2009, Files Red Herring Prospectus with the Registrar of Companies". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.12 Jun · Updates
Mahindra & Mahindra Ltd. has informed the Exchange that "Pursuant to the approval of the Shareholders accorded by way of Postal Ballot under section 293 (1) (a) of the Companies Act, 1956, the Company has entered into a Business Transfer Agreement to transfer the Company's Land Systems Business forming part of the Company's Mahindra Defence Systems Division together with congeries of rights of the Company in such Business to Mahindra Defence Land Systems Private Limited, a wholly owned subsidiary of the Company with effect from 1st July, 2009 for a consideration based on Net Asset Value of the assets being transferred as on 30th June, 2009".