Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3083.50
-9.35 (-0.30%)
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Merakisan becomes subsidiary of M&M

Date: 26-07-2019

Merakisan, which was an associate company of Mahindra Agri Solutions (MASL), a subsidiary of Mahindra & Mahindra (M&M), has now become subsidiary of MASL and in turn became a subsidiary of the M&M. MKPL is in the business of procuring and marketing agricultural produce including fruits and vegetables.

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.