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Mahindra and Mahindra Ltd (MAHM.BO)

MAHM.BO on Bombay Stock Exchange

28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Mahindra & Mahindra to invest 15 bln rupees in Nasik project
Friday, 10 Feb 2017 05:11am EST 

Mahindra and Mahindra Ltd : Says Mahindra to invest Rs. 1,500 crore in Nasik project for next phase of expansion . Project constitutes development and manufacture of new product codenamed U321, covering joint investment at Nasik and Igatpuri . Projects will qualify as ‘ultra mega project’ .Investment in the Nasik plant towards manufacture of vehicles, while investment in the Igatpuri plant will be for manufacture and supply of engines.  Full Article

Mahindra & Mahindra to buy 100 pct stake in Mahindra Two Wheelers Europe Holdings
Tuesday, 27 Sep 2016 08:45am EDT 

Mahindra and Mahindra: Says agreeing to acquire 100% of the share capital of the investee company. .Says deal for Euro 26.3 million.  Full Article

Mahindra and Mahindra August total sales up 13.9 pct<003620.KS>
Thursday, 1 Sep 2016 04:27am EDT 

Mahindra and Mahindra Ltd : August total sales of 40,591 units versus 35,634 units last year . August passenger vehicle sales of 18,246 units versus 14,198 units last year . August domestic sales of 36,944 units versus 32,122 units last year . August exports of 3,647 units versus 3,512 units last year . August domestic tractor sales of 12,327 units versus 10,751 units last year . August total tractor sales of 13,543 units, up 16 percent .  Full Article

India's Mahindra exec says expects co to grow better than industry
Tuesday, 30 Aug 2016 05:26am EDT 

India's Mahindra & Mahindra Ltd : Exec says expect Mahindra to grow better than industry, expecting India passenger vehicle sales to grow 9-10 percent this fiscal year . Exec says don't think 1 percent cess on diesel cars suggested by Supreme Court will deter customers from buying such cars . Exec says not planning to bring any vehicles from its Korean unit Ssangyong to India Further company coverage: [MAHM.NS] (Reporting By Aditi Shah in NEW DELHI) ((swati.bhat@thomsonreuters.com;)).  Full Article

Mahindra & Mahindra incorporates unit in Mexico
Wednesday, 17 Aug 2016 09:03am EDT 

Mahindra & Mahindra Ltd : Incorporation of a subsidiary company in Mexico . Incorporation of unit Mahindra Mexico S. de. R. L. in Mexico .  Full Article

Mahindra & Mahindra June-qtr profit up about 12 pct<003620.KS>
Wednesday, 10 Aug 2016 04:10am EDT 

Mahindra & Mahindra Ltd : June-quarter net profit 9.55 billion rupees; total revenue from operations 119.43 billion rupees . Consensus forecast for June-quarter net profit was 8.83 billion rupees . Net profit in June quarter last year was 8.50 billion rupees as per Ind-AS; total revenue from operations was 104.71 billion rupees .  Full Article

Mahindra & Mahindra July total sales up 14 pct<003620.KS>
Monday, 1 Aug 2016 03:52am EDT 

Mahindra and Mahindra Ltd : July total sales of 39458 units, up 14 percent; passenger vehicle sales of 17356 units, up 20 percent . July total tractor sales of 17553 units, up 14 pct; domestic sales 16452 , up 15 pct .  Full Article

India's Mahindra expects vehicle prices to rise by 20-25 pct by 2020
Wednesday, 6 Jul 2016 06:12am EDT 

Mahindra & Mahindra Ltd executive says:Expects vehicle prices to rise by 20-25 percent by 2020 due to fuel efficiency and safety norms..  Full Article

India's Mahindra says good monsoon boosting tractor sales
Wednesday, 6 Jul 2016 05:24am EDT 

India's Mahindra & Mahindra executive says: Company's tractor sales volume grew 22 percent in Q1 . Passenger vehicle sales volume up 11 percent in June quarter . Truck sales volume up 48 percent in June quarter . Good monsoon rains have led 15 percent growth in tractor sales in Q1 Further company coverage: [MAHM.NS] (Reporting By Krishna N. Das) ((krishna.das@thomsonreuters.com;)).  Full Article

Mahindra tender offer on Pininfarina to run from July 11 to July 29
Monday, 4 Jul 2016 02:29am EDT 

Pininfarina SpA : Said on Friday that the Italian Securities and Exchange Commission (CONSOB) approved PF Holdings BV document for the mandatory tender offer on the whole share capital of Pininfarina . Tender offer to run from July 11, included, to July 29, included . PF Holdings to pay 1.1 euro per each tendered share . On May 30, shareholder Pincar Srl finalized the sale of a 76.1 percent stake in Pininfarina to PF Holdings .PF Holding is a Dutch unit of Tech Mahindra Ltd and Mahindra & Mahindra Ltd Full Article

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