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- Press Release
Mahindra Holiday & Resort India LTD signs for pre-IPO investment of US$-10.06 million for 1% stake
Mumbai: Mahindra Holidays & Resorts India Limited (MHRIL or the 'Company'), a leisure hospitality provider offering quality family holidays and a subsidiary of Mahindra Holdings and Finance Ltd (a wholly-owned subsidiary of Mahindra & Mahindra Limited), has finalised a 1% private placement deal with NYLIM Jacob Ballas India Fund III, LLC, for a consideration of around US $ 10.06 million. The equity shares to be transferred to NYLIM Jacob Ballas India Fund III, LLC, shall be subject to lock-in after the IPO as per SEBI regulations.
16 Jan,2008 - Press Release
Mahindra & Mahindra win a slew of communication awards
Mumbai: Mahindra & Mahindra has been awarded 9 communication awards at the recently held Indy’s Awards for Excellence in Mass Communication, and the Association of Business Communicators of India awards. The Indy’s awards honour excellence in 'mass communication' , including fields like advertising, media planning and buying and public relations.
15 Jan,2008 - Press Release
Mahindra commences first CKD operations abroad
Cairo: Mahindra & Mahindra, India’s leading automotive brand with a growing global presence, today announced the launch of the Mahindra Scorpio SUV in Egypt in partnership with the Bavarian Auto Group. The Mahindra Scorpio is currently being exported to Europe, Africa, Asia, Middle East, South America and Australia.
14 Jan,2008 - Press Release
Mahindra showcases its eco-footprint at the New Delhi Auto Expo 2008
New Delhi: Mahindra & Mahindra, one of India’s leading automotive majors, showcased its cutting-edge Sustainable Mobility Solutions Programme at the New Delhi Auto Expo 2008. Mahindra’s Sustainable Mobility Solutions illustrate M&M’s commitment to the research, product development, and advancement of the most cutting-edge technologies to bring about a cleaner and greener future.
09 Jan,2008 - Press Release
Mahindra & Mahindra acquires renowned Italian design house, GRD Italy
Mumbai: Mahindra & Mahindra Ltd., one of India's largest automotive conglomerates, has signed a binding agreement to acquire the business of G.R. Grafica Ricerca Design S.r.l (GRD), an Italian auto designing, Body engineering and feasibility and styling company based out of Turin, Italy. With this acquisition, M&M intends to develop a global design centre for the Group and cater to global Auto OEMs.
08 Jan,2008 - Press Release
Mahindra Holidays & Resort India Limited signs pre-IPO investment of Rs .8 billion for a 2% stake
Mumbai: Mahindra Holidays & Resorts India Limited (MHRIL or the 'Company'), a leisure hospitality provider offering quality family holidays and a subsidiary of Mahindra Holdings and Finance Ltd (a wholly-owned subsidiary of Mahindra & Mahindra Limited), has finalised a 2% private placement deal with the State Bank of India for a consideration of around Rs. 0.8 billion. The equity shares to be transferred to the State Bank of India shall be subject to lock-in after the IPO as per SEBI regulations.
08 Jan,2008
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