Corporate Announcement
Security Code : 500520    Company : M&M    
 
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  Exchange Received Time  25/04/2017 22:05:17         Exchange Disseminated Time   25/04/2017 22:05:22              Time Taken   00:00:05
With reference to the captioned subject, we would like to inform you that Mahindra Overseas Investment Company (Mauritius) Limited ('MOICML'), 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 25th April, 2017. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 are given in Annexure A to this letter. This is for your information. Kindly acknowledge receipt.
 

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