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Mahindra & Mahindra LimitedJV/Acquisition, 18-08-2025: Acquisition

18-08-2025 | 09:52 pm

Mahindra & Mahindra (M&M) has increased its stake in subsidiary Mahindra Logistics (MLL), a key 3PL and supply chain player. M&M subscribed to MLL's Rights Issue, investing approximately Rs 479.13 Cr to acquire 1.73 crore shares. This raises M&M's shareholding in MLL from 57.97% to 59.60%. This strategic move reinforces M&M's commitment to MLL's growth, solidifying its position in the rapidly expanding logistics and supply chain sector and enhancing its diversified portfolio.

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