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Stock Report
M&M sells 2.173% stake in Mahindra CIE Automotive Ltd
Posted On : 2022-09-27 21:20:31( TIMEZONE : IST )
Mahindra and Mahindra Ltd has today sold 82,42,444 equity shares representing 2.173% of the paid-up share capital of Mahindra CIE Automotive Limited, a listed associate of the Company ("MCIE").
The sale has been executed on the stock exchange(s) through the bulk deal window, at a gross price of Rs.285 per share. Following the sale, the shareholding of the Company in MCIE has come down from 11.427% to 9.254% of its share capital.
