Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3083.50
-9.35 (-0.30%)
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M&M to observe ‘No Production Days’ during Q2FY20

Date: 09-08-2019

Mahindra and Mahindra (M&M) at its Automotive Sector, and Mahindra Vehicle Manufacturers, a wholly owned subsidiary of the company (MVML), as part of aligning its production with sales requirements, would be observing 'No Production Days' ranging between 8 - 14 days in various plants of the company and MVML during the second quarter of the Financial Year 2019-2020 (Q2FY20).

The Management does not envisage any adverse impact on availability of vehicles in the market due to adequacy of vehicle stocks to serve the market requirements.

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.