SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

M&M’s SsangYong Motor receives KRW 80 billion paid-in capital for stock

23 May 2013 Evaluate

Mahindra and Mahindra (M&M), country’s major automobile maker’s South Korean subsidiary SsangYong Motor Corporation has received the full payment of KRW 80 billion won for the new shares from majority shareholder Mahindra & Mahindra Group and that the paid-in capital increase was successfully completed.

Ssangyong Motor decided to make a third party allotment (Preferential Offer) to Mahindra on Feb 14, 2013 to secure investment funds for new products. The most recent increase in the paid-in capital results from the issuance of some 14.545 million new shares (capital increase ratio of 11.9%). All of the new shares will be locked up for one year, and the expected listing date is scheduled for June 7, 2013, After this, Mahindra's shareholding ratio in Ssangyong Motor will increase from 69.63% to 72.85%.

As the paid-in capital increase got completed smoothly, Ssangyong Motor's new product development such as the small CUV, which will be launched in 2015, will gain further momentum. Furthermore, the company's debt ratio will decline and cash liquidity will improve, which will further strengthen the company's financial soundness. It shows the strong commitment of the majority shareholder Mahindra and its confidence in the turnaround of Ssangyong Motor which will greatly boost it's external credit worthiness.

Mahindra & Mahindra is the flagship company of the Mahindra Group. The company’s core automotive and farm equipment businesses have grown into market leaders whose triple bottom line ethic is driving industry trends towards technological innovation, social responsibility, and constantly improving customer satisfaction.

 

Mahindra & Mahindra Share Price

3329.50 -41.00 (-1.22%)
08-May-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×