Mahindra & Mahindra has informed that M&M Benefit Trust (the Trust) which forms part of the Promoter Group of the Company, has today sold 1,92,00,000 equity shares (treasury stock) representing 1.54% of the total paid up equity share capital of the Company. The sale has been executed on the stock exchange(s), at a gross price of Rs 648 per share. Following the sale, the shareholding of the Promoters and Promoter Group of the Company has come down from 20.44% to 18.90% of the total paid up equity share capital of the Company.
The above information is a part of company’s filings submitted to BSE.
