Mahindra & Mahindra Limited — JV/Acquisition, 18-03-2025: Acquisition

Mahindra & Mahindra Ltd. has completed the acquisition of 67,71,600 equity shares of Mahindra – BT Investment Company (Mauritius) Limited (MBTICM), constituting 57% of its paid-up equity share capital, from its wholly owned subsidiary, Mahindra Overseas Investment Company (Mauritius) Limited. The deal, worth approximately USD 14.29 million, aims to streamline corporate structure and enhance operational efficiency. Following the acquisition, MBTICM will become a direct subsidiary of Mahindra & Mahindra, ceasing to be a subsidiary of MOICML, which will now hold no shares in MBTICM. This move is expected to improve transparency and cost management.