subsidiary acquisition

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    Mahindra Sells Erkunt Foundry to Hisarlar Consortium

    New Delhi, April 10 Mahindra & Mahindra announced on Friday that it has divested its stake in a subsidiary in the industrial manufacturing sector, Erkunt Foundry, to a consortium led by Hisarlar Makina Sanayi.Mahindra Overseas Investment Company (Mauritius) Ltd (MOICML), a wholly-owned...
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    Thermax to Acquire 51% Stake in Exactspace Technologies for ₹30.48 Crore, Strengthens AI and IIoT Capabilities

    Thermax to Make Exactspace a Subsidiary Energy and environmental solutions provider Thermax Ltd on Friday announced that it has entered into a share subscription and share purchase agreement, along with a Shareholders' Agreement, with Exactspace Technologies Private Ltd, its promoters, and...
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