NSEGeneral Updates6 Aug 2026 · 6 Aug 2026, 10:22 pm
General Updates
Mahindra & Mahindra Limited · M&M
✦ AI SummaryDivestiture
Mahindra & Mahindra Limited has divested its entire stake in Erkunt Sanayi Anonim Şirketi, a step-down subsidiary, through its wholly-owned subsidiaries Mahindra Overseas Investment Company (Mauritius) Limited and Erkunt Traktör Sanayii Anonim Şirketi. This divestment has resulted in Erkunt Foundry ceasing to be a subsidiary of the Company, effective August 6, 2026.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Update on Divestment of entire Stake in Erkunt Sanayi Anonim Şirketi, a step-down subsidiary of the Company
Attachments (1)
📄pdf
Download →
AmitDodani_06082026222151_Erkunt_Foundry_-_SE_intimation_06082026.pdf
View document text
Mahindra & Mahindra Ltd.
Mahindra Towers,
Dr. G. M. Bhosale Marg,
Worli, Mumbai 400 018 India
Tel: +91 22 2490 1441
Fax: +91 22 2490 0833
www.mahindra.com
M&M/SEC/2026-27/092
6th August 2026
National Stock Exchange of India Limited BSE Limited
Scrip Symbol: M&M Scrip Code: 500520
Sub: Update on Divestment of entire Stake in Erkunt Sanayi Anonim Şirketi, a step-down
subsidiary of the Company
Re: Intimation under Regulation 30 read with Schedule III of SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)
Dear Sir/Madam,
In furtherance of our letters dated 10th April 2026 and 30th June 2026, we hereby inform you that
the Company received an intimation today, i.e., 6th August 2026 at 09:37 p.m. (IST), that Mahindra
Overseas Investment Company (Mauritius) Limited (“MOICML”), a wholly owned subsidiary of
the Company, along with its wholly owned subsidiary, Erkunt Traktör Sanayii Anonim Şirketi
(“Erkunt Traktor”), has completed the sale of its entire stake in Erkunt Sanayi Anonim Şirketi
(“Erkunt Foundry”). Consequently, Erkunt Foundry has ceased to be a subsidiary of MOICML
and, in turn, a step-down subsidiary of the Company, with effect from 6th August 2026.
You are requested to kindly take the same on record and treat the same as compliance with the
applicable provisions of the Listing Regulations.
Yours sincerely,
For Mahindra & Mahindra Limited
Sailesh Kumar Daga
Company Secretary
FCS: 4164
CC: Luxembourg Stock Exchange
London Stock Exchange Plc
ISIN: USY541641194
Regd. Office: Gateway Building, Apollo Bunder, Mumbai 400 001, India | Tel: +91 22 6897 5500 | Fax:
+91 22 22875485 | Email: group.communication@mahindramail.com | mahindra.com |
CIN No. L65990MH1945PLC004558