Mahindra & Mahindra Limited — JV/Acquisition, 12-08-2025: Acquisition
12-08-2025 | 01:32 pm
12-08-2025 | 01:32 pm
Mahindra & Mahindra's subsidiary, Mahindra Holdings, is investing up to Rs. 1080 crore into its renewable energy arm, Mahindra Susten (MSPL), through a Rights Issue. This capital infusion will fund MSPL's renewable power projects won in FY25-26, now entering execution phase. The investment maintains MHL's 60.01% stake in MSPL, reinforcing M&M's commitment to the fast-growing green energy sector. This strategic move strengthens MSPL's project execution capabilities and supports M&M's expansion in sustainable energy.
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