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Mahindra Group sells over 6% stake in Mahindra CIE Automotive
short by Srishty Choudhury / on Monday, 13 March, 2023
Mahindra & Mahindra on Monday said it has sold over 6% stake in Mahindra CIE Automotive, representing around 2,29,80,000 equity shares. The sale has been executed on the stock exchanges at a gross price of ₹357.39 per share. Following the sale, Mahindra & Mahindra's shareholding in Mahindra CIE Automotive has come down to 3.19% from 9.25% of its share capital.
read more at Moneycontrol