Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3129.85
46.35 (1.50%) M&M’s arm incorporates wholly owned subsidiary in Italy
Date: 01-04-2019Mahindra & Mahindra’s (M&M) arm has incorporated a wholly owned subsidiary in Italy. MSPE URJA S.R.L. with registered seat in Rovereto, Trentino, Italy, is incorporated in Rome, Italy with effect from March 29, 2019 as a wholly owned subsidiary of Mahindra Susten, which is a wholly owned subsidiary of Mahindra Holdings, which is a wholly owned subsidiary of the M&M.
M&M 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.