Mahindra proactively recalls a limited batch of 1,577 units of the diesel Thar for replacement of camshaft

Mahindra & Mahindra Ltd. (M&M Ltd.), part of the USD 19.4 billion Mahindra Group, today announced proactive inspection & replacement of camshaft, manufactured between September 7 and December 25, 2020 for only limited days of manufacturing, on a batch of 1,577 units of its Thar diesel variants.

A machine setting error at the supplier's plant, on specific dates, may have affected camshafts in some engines of the diesel Thar. Keeping with the company's stringent quality standards and exercising abundant caution, Mahindra has proactively engaged in this limited recall and offered inspection and subsequent rectification, free of cost. The Thar customers will be individually contacted by the company. As an endeavour to ensure a hassle-free experience for its customers, the company is proactively carrying out this activity. This action is also in compliance with SIAM's voluntary code on vehicle recall.

Shares of MAHINDRA & MAHINDRA LTD. was last trading in BSE at Rs.833 as compared to the previous close of Rs. 816.6. The total number of shares traded during the day was 291605 in over 8730 trades.

The stock hit an intraday high of Rs. 858.75 and intraday low of 818.05. The net turnover during the day was Rs. 246438615.

Source : Equity Bulls

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