Mahindra & Mahindra Limited — JV/Acquisition, 08-05-2025: Acquisition

Mahindra & Mahindra has announced a board meeting to approve subscribing fully to the Rights Issue of its subsidiary, Mahindra & Mahindra Financial Services Limited, valued around Rs. 2996 Cr at Rs. 194 per share. By increasing its stake, Mahindra aims to support MMFSL’s capital raise, fueling growth in financial services. This infusion is expected to strengthen Mahindra’s consolidated financials and expand its presence in the financial services sector.