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| Exchange Disseminated Time | The Exchange had sought clarification from Mahindra & Mahindra Ltd with respect to the media report titled "M&M in talks to buy Peugeot Scooter business." Appearing on ET Now on September 16, 2014.
The reply from Mahindra & Mahindra Ltd is as under:
"The Company wishes to clarify that it examines/pursues various opportunities in different areas, from time to time on a continuing basis and it is not practicable to comment upon every opportunity at every stage.
The Company is not in a position to confirm or deny the veracity of the news given its policy of not commenting on speculative news/reports that emanates from such activity." |
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