M&A

M&M offloads residual stake in Mahindra CIE Automotive for Rs.543-Cr

BSE Announcement   Outlook  

Mahindra & Mahindra (M&M) has sold its entire residual stake of 3.19% in fellow publicly listed Mahindra CIE Automotive for INR 543 crore. Mahindra CIE Automotive is set to be renamed as CIE Automotive India Ltd.

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