Mahindra Logistics completes acquisition of three entities from Meru Travel Solutions
Capital MarketMahindra Logistics has completed the acquisition of 100% stake of Meru Mobility Tech (MMTPL), V-Link Automotive Services (VASPL) and V-Link Fleet Solutions (VFSPL) from Meru Travel Solutions. Following the acquisition, MMTPL and VFSPL have become a subsidiaries of the Company on 12 May 2022. VASPL has become a subsidiary of the Company on 13 May 2022.
As on date, MMTPL, VFSPL and VASPL are wholly-owned subsidiaries of the Company and would continue to remain subsidiaries of Mahindra & Mahindra.
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