Indian utility vehicle manufacturer Mahindra & Mahindra has announced that it will make an open offer to acquire up to a 27% stake in Swaraj Automotives (SAL) for a total consideration of up to Rs58.26m (US$1.16m). In a filing to the Bombay Stock Exchange (BSE), Mahindra stated that its board of Subscribe to Automotive World … Continued
Indian utility vehicle manufacturer Mahindra & Mahindra has announced that it will make an open offer to acquire up to a 27% stake in Swaraj Automotives (SAL) for a total consideration of up to Rs58.26m (US$1.16m).
In a filing to the Bombay Stock Exchange (BSE), Mahindra stated that its board of
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