Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s (M&M) subsidiary -- Mahindra Holdings (MHL) has incorporated wholly owned subsidiary namely ‘Emergent Solren’ (ESPL) on November 09, 2022. Thus, ESPL being a wholly owned subsidiary of MHL, is also a step-down wholly owned subsidiary of the Company. MHL has incorporated ESPL for production and sale of Solar Power, Generating Electricity and also Distributed Energy including rooftop solar installation for commercial, industrial, institutional and residential segment, solar water pump and other related matters.

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.