Mahindra & Mahindra increases its stake in SmartShift Logistics Solutions

Mahindra & Mahindra announced that pursuant to the issue of Compulsorily Convertible Cumulative Preference Shares to the Company, the shareholding of the Company in SmartShift Logistics Solutions will get enhanced from 30.73% to approximately 34% of the Share Capital (Equity and Preference) on a fully diluted basis.

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