SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

M&M’s arm ceased to be subsidiary company

15 Mar 2025 Evaluate

Mahindra & Mahindra’s (M&M) step-down subsidiary -- Fifth Gear Ventures (FGVL) has been ceased to be a subsidiary of the company. 

Earlier, the Mumbai Bench of the National Company Law Tribunal (NCLT), on February 11, 2025, had sanctioned the Composite Scheme of Amalgamation and Arrangement of FGVL, a wholly owned subsidiary of Mahindra First Choice Wheels, with Mahindra First Choice Wheels (MFCWL) and their Respective Shareholders, the certified copy of which was received on February 25, 2025.

FGVL was a wholly owned subsidiary of Mahindra First Choice Wheels, which is a subsidiary of Mahindra Holdings, a Wholly Owned Subsidiary of the company.

FGVL was engaged in the business of operating an automotive web for car and bike for retail sale as well as comparison services worldwide. MFCWL is engaged in the business of facilitating trading in used vehicles through its Franchise network and electronic platform and providing allied products and services, including online pricing guidance, used vehicles inspection services for insurance.

Mahindra & Mahindra is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.


Mahindra & Mahindra Share Price

3370.50 70.50 (2.14%)
07-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:

×