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Board of M&M approves sale of stake in Mahindra Logistics in proposed IPO

Capital Market 

At meeting held on 13 June 2017

The Board of Directors of at its meeting held on 13 June 2017 has approved sale of a part of its shareholding in Mahindra Logistics ('MLL'), a subsidiary of the Company, as part of the proposed Initial Public Offering ('IPO') of MLL, subject to requisite approvals and market conditions.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, June 13 2017. 18:17 IST