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Acquisition

Mahindra & Mahindra Acquisition Worth ₹11.17 Cr

Mahindra & Mahindra Limited will invest ₹11.17 Crore to acquire a 26% direct stake in Neon Hybren Private Limited. Neon is developing a 30 MW solar project in Punjab. The acquisition ensures compliance with captive electricity rules while maintaining Neon's status as a step-down subsidiary.

Key figures
Value₹11.17 Cr
Execution period31st December 2026
Source

NSE filing, NSE: M&M. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Mahindra & Mahindra Ltd: key numbers

Share price
₹2,869.90
Market cap
₹3,56,880 Cr
Revenue (annual)
₹1,98,639 Cr
Net profit (annual)
₹17,099 Cr
P/E (TTM)
19.3×Sector 30.9×
Promoter holding
18.39%-0.06% QoQ
FII holding
33.34%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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