M&M board approves merger of three subsidiary companies
Mahindra & Mahindra (M&M) board approved the merger of three of its subsidiaries - Mahindra Heavy Engines Ltd (MHEL), Mahindra Two Wheelers Ltd (MTWL) and Mahindra Tsubaki Conveyor Systems Ltd (MT CSL) - with the company. Upon the merger becoming effective, no shares of the company will be allotted in lieu or exchange of the holding of the company in the three subsidiaries.
Tags : M&M merger Mahindra and Mahindra tcl mtwl mhel wholly owned subsidiaries mahindra and mahindra
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