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Mahindra and Mahindra Ltd (MAHM.BO)

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Latest Key Developments (Source: Significant Developments)

Mahindra and Mahindra appoints Anand Mahindra as executive chairman
Thursday, 10 Nov 2016 11:36pm EST 

Mahindra and Mahindra Ltd : Mahindra and Mahindra Ltd says approved the appointment of T. N. Manoharan, as an additional director of the company . Mahindra and Mahindra Ltd says appointed Anand Mahindra, as executive chairman for a period of 5 (five) year .Mahindra and Mahindra - appointed Pawan Goenka as managing director for a period of 4 (four) years.  Full Article

Mahindra and Mahindra total sales for October rises 1.2 pct
Wednesday, 2 Nov 2016 12:10am EDT 

Mahindra and Mahindra Ltd : October total sales of 52,008 units versus 51,383 units last year . October domestic sales of 48,729 units versus 48,815 units last year . October exports of 3,279 units versus 2,568 units last year . Says October passenger vehicle sales of 24,737 units versus 24,060 units last year .Mahindra Tractors Sells 43,826 Units; Registers A Growth Of 61% In The Domestic Market During October 2016.  Full Article

Mahindra and Mahindra says Ssangyong Motor signs LOI for JV with Shaanxi Automobile Group of China
Wednesday, 12 Oct 2016 02:37am EDT 

Mahindra and Mahindra Ltd : Mahindra and Mahindra Ltd - Ssangyong Motor signs LOI for joint venture with Shaanxi Automobile Group of China. . Mahindra and Mahindra Ltd - first phase of construction to establish plant with annual capacity of 150,000 units per year by end 2019 . Mahindra and Mahindra Ltd - second phase to involve expansion of facilities to 300,000 units annually .Mahindra and Mahindra Ltd says partnership for production facility with capacity of 150,000 CBU vehicles by 2019 end, with plan to expand to 300,000 units.  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

BRIEF-Mahindra and Mahindra appoints Anand Mahindra as executive chairman

* Mahindra and Mahindra Ltd says approved the appointment of T. N. Manoharan, as an additional director of the company