In July 2022, British International Investment signed a pact with Mahindra Electric to invest Rs 1,925 crore via compulsory convertible preference shares Automaker Mahindra & Mahindra (M&M) is in advanced discussions with British International Investment (BII) and some other global investors to raise up to Rs 5,000 crore ($605 million) for its electric vehicles (EV) […]
According to the company’s statement, the additional Rs 1,600 crore will go into the conventional ICE (Internal Combustion Engine) vehicles for the anticipated regulatory changes and capacity expansion. Mahindra & Mahindra – an automobile giant – on Friday said it has revised upward the capital expenditure (capex) outlay for the three years cycle of FY22-FY24 […]
The two sides signed an agreement to this effect at the World Economic Forum in Davos on Wednesday, M&M Ltd said in a statement Mahindra & Mahindra (M&M) on Thursday said the Maharashtra government has approved its proposal to set up a Rs 10,000-crore electric vehicle plant in Pune under the state’s industrial promotion scheme […]
Mumbai: Mahindra & Mahindra (M&M),India’s leading SUV manufacturer, and Jio-bp, a fuels and mobility joint venture between Reliance Industries Limited (RIL) and bp are strengthening their existing partnership with Jio-bp setting up robust charging network for Mahindra’s upcoming e-SUVs launches. Last year, the companies had signed an MoU for exploring the creation of EV products […]
MAHINDRA & MAHINDRA LIMITED: Company has today signed a Power Delivery Agreement with ReNew Sunlight Energy Private Limited. For more information please see below link:
Intimation of acquisition – under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. With reference to the captioned subject, we would like to inform you that the Company has today signed a Power Delivery Agreement with ReNew Sunlight Energy Private Limited (“RSEPL”) whereunder RSEPL as a Captive Generator […]
Homegrown auto major Mahindra & Mahindra (M&M) on Wednesday said it is adopting a 58 MWp captive solar plant that is expected to generate about 100 million units of power annually beginning 2022. The project will quadruple M&M’s renewable power share from 12 per cent to 56 per cent across its facilities in Maharashtra, including […]