| Mahindra & Mahindra Ltd. has informed the Exchange that pursuant to the approval of the
shareholders accorded by way of Postal Ballot under section 293(1)(a) of the Companies Act, 1956, the Company has decided to transfer the Company's Light Commercial Vehicles (LCV) business (without fixed assets) together
with congeries of rights of the Company in such business to Mahindra International Private Limited (MIPL) for a total consideration of Rs.48.4 crores. | | Powered by Capital Market - Live News |
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