Mahindra Holidays & Resorts India Ltd completed a Rs 37.5 Crore acquisition of Aditatva Estates, making it a wholly owned subsidiary. The step‑down subsidiary will bolster its leisure resort business.
Mahindra & Mahindra Limited is acquiring an additional 0.2803% stake in Carnot Technologies Private Limited for ₹6.72 Crore. This cash transaction aims to consolidate the company's technology capabilities in precision farming and telematics. The acquisition is expected to conclude by May 31, 2026.
Mahindra & Mahindra is acquiring an additional 28.03% stake in its subsidiary, Carnot Technologies, for approximately ₹6.72 Crore. This transaction increases M&M's equity holding to 80.72% (89% voting rights). The move strengthens M&M's presence in precision farming and telematics technology, with completion expected by May 2026.
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.
Mahindra & Mahindra Ltd. will invest ₹11.17 Crore to acquire a 26% stake in Neon Hybren Private Limited. This strategic investment enables the company to procure solar power from a 30 MW group captive plant in Punjab, complying with captive user regulations. The transaction is expected to conclude by December 2026.
