Mahindra & Mahindra informs about disclosure

Mahindra & Mahindra Ltd. | Automobiles - Passenger Cars | Automobiles | BSE: 500520 | NSE: M&M

28 Dec 2024 Evaluate

Mahindra & Mahindra has informed that an authorisation for inspection / search proceedings u/s 67 of CGST Act, 2017 was issued by Additional Commissioner (ST), Intelligence-I (FAC), Chennai-6 on the Company. Pursuant to the above, State Tax officer, Gr-I, Intelligence – I, Chennai – 6, initiated inspection of the records at one of the places of business operations of the Company in Chennai, Tamil Nadu. The authorisation for inspection / search proceedings dated 26th December, 2024, was shown to the Company’s officials on 27th December, 2024 at around 12.15 p.m. The GST officials have inspected the records and given some observations on certain GST compliance issues and have advised the Company’s officials to submit the necessary documents for reconciliation. The Company officials cooperated with the GST officials and responded to all the clarifications and details sought by them. The Company will further be providing all the necessary additional documents sought in due course. This has not impacted the operations of the Company, which are continuing as usual. Based on the Company’s initial assessment, the Company does not reasonably expect the outcome of the proceedings to have any material impact on the Company. The company has emphasized that it has always maintained high standards with respect to compliance of all laws and regulations including the prompt payment of applicable taxes. The company remain committed to upholding these standards. The Company will update the Stock Exchanges about the material developments on this matter to the extent applicable. The details of the above notice, as required under Clause 19 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 is enclosed as Annexure A.

The above information is a part of company’s filings submitted to BSE.

Mahindra & Mahindra Share Price

3096.90 -54.00 (-1.71%)

30-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	341.60
Maruti Suzuki	13312.85
Mahindra & Mahindra	3096.90
Hyundai Motor India	1818.80
Mercury Metals	31.41
View more..

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

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

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

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.