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M&M trades flat after hiking stake in aerospace subsidiary; analysts divided on stock performance

The company increased its holding in Mahindra Aerospace Private Limited from around 91.6 percent to 100 percent. MAPL’s 7.68 crore shares were bought for around Rs 31.5 crore, the company said in an exchange filing

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Mahindra & Mahindra Ltd to acquire shares of Mahindra Aerospace Pvt Ltd

Mahindra & Mahindra Ltd has today executed a Share Purchase Agreement to acquire 7,67,59,301 Equity Shares of Mahindra Aerospace Private Limited, a subsidiary of the Company from the other shareholders.

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