Mahindra & Mahindra announces acquisition of Harkey Acquisition, USA

On 15 January 2019

Mahindra & Mahindra announced that Automobili Pininfarina GmbH ('APF'), a wholly owned subsidiary of Mahindra Automotive Mauritius ('MAML') which in turn is a wholly owned subsidiary of the Company, has acquired 100% of the membership interests in Harkey Acquisition, L.L.C., USA on 15 January, 2019 (hereinafter referred as 'Harkey'). Going forward Harkey would be re-christened as Automobili Pininfarina Americas Inc., subject to necessary approvals.

Pursuant to the above, Harkey has become a wholly owned subsidiary of APF and in turn of MAML and of the Company with effect from 15 January, 2019.

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