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Mahindra & Mahindra provides update on indirect subsidiary - Mahindra Retail

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Capital Market

Mahindra Retail sells its entire stake in Mahindra Internet Commerce

Mahindra & Mahindra announced that Mahindra Retail ('MRPL'), an indirect subsidiary of the Company, has sold its entire shareholding (100%) in Mahindra Internet Commerce ('MICPL'). Hence, MICPL has ceased to be a subsidiary of MRPL and as such of the Company.

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First Published: Mar 23 2017 | 9:12 AM IST

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