Mahindra Susten seems to be the dark horse in M&M group companies while major subsidiaries like Tech Mahindra and Mahindra Financial are faltering.
How this benefits Minority shareholders remains to be seen.
“Ontario Teachers’ will acquire a 30 per cent stake in Mahindra Susten Pvt Lts for Rs 2,371 crore.”
“with the proceedings of the stake sale, Mahindra Susten will repay Rs 575 crore worth of loans to Mahindra Group.”
Subscribe To Our Free Newsletter |