On 31 October 2014
Mahindra CIE Automotive announced that the Hon'ble Bombay High Court has sanctioned the scheme of amalgamation between Mahindra Hinoday Industries, Mahindra Ugine Steel Company, Mahindra Gears International, Mahindra Investments (India), Participaciones Internacionales Autometal Tres, S.L. and the Company and their respective shareholders and creditors ("Integrated Scheme") on 31 October 2014.The Integrated Scheme is subject to other approvals, including approval of the Foreign Investment Promotion Board and the Reserve Bank of India.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app