From 38.20% to 58.20%
Mahindra & Mahindra announced that its subsidiary, Mahindra & Mahindra Financial Services (MMFSL) has completed the acquisition of 20% of the Equity Share Capital of Ideal Finance from its existing shareholders, resulting in an increase in MMFSL's stake in Ideal Finance from 38.20% to 58.20%.Consequent to this investment by MMFSL, Ideal Finance has become a Subsidiary of MMFSL and in turn has become a subsidiary of the Company, effective 8 July 2021.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
