ALSO READMahindra & Mahindra to participate in proposed IPO of Mahindra Logistics Mahindra & Mahindra provides update on proposed IPO of Mahindra Logistics Mahindra & Mahindra provides update on indirect subsidiary - Mahindra Retail Mahindra & Mahindra to build long-range electric vehicles Mahindra & Mahindra first-quarter profit falls about 20 percent
To sell its 51% stake in Mahindra Yueda Yancheng Tractor CompanyMahindra & Mahindra announced that Mahindra Overseas Investment Company (Mauritius) ('MOICML'), a wholly owned subsidiary of the Company, has agreed to sell its entire shareholding of 51% in Mahindra Yueda Yancheng Tractor Company ('MYYTCL'), China. Upon receipt of requisite regulatory approvals and completion of other formalities, MYYTCL will cease to be a subsidiary of MOICML and in turn of the Company.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)