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Mahindra & Mahindra intimates of new subsidiary - Mahindra Automotive North America Inc., USA

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Last Updated : Apr 26 2017 | 9:47 AM IST

With effect from 25 April 2017

Mahindra & Mahindra announced that Mahindra Overseas Investment Company (Mauritius), a wholly owned subsidiary of the Company, has acquired 100% of the Equity Share Capital of Mahindra Automotive North America Inc. (MANA) in USA. In view of this, MANA has become a wholly owned subsidiary of MOICML and in turn, of the Company with effect from 25 April 2017.

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First Published: Apr 26 2017 | 9:36 AM IST

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