Mahindra Gujarat Tractor Ltd.

Company limited by shares (1)

Mahindra Gujarat Tractor Ltd. Overview

INDIA HO
VADODARA
CIN
U34100GJ1978PLC003127
CATEGORY
Company limited by shares
SUB-CATEGORY
Indian Non-Government Company
WEBSITE
EMAIL
MAYEKAR.SHWETA@mahindra.com
FOUNDED
31 Mar,1978
PAID-UP CAPITAL
593,019,790
AUTHORISED CAPITAL
600,000,000
3 Related Suppliers
N/A No. of plants

Mahindra Gujarat Tractor Ltd. in News

16 Oct 2021

Chip shortage halts Dussehra car sales

Even though the demand for cars is upbeat this year, dealers have failed to cash in due to supply constraints triggered by global semi-conductor shortage. Vehicle sales on Dussehra plunged by 7.

14 Oct 2021

Indian businesses seek government support to meet 2030 EV target

This is the first collective push by companies in India to switch to clean mobility and comes weeks ahead of an United Nations' climate change conference - seen as crucial to wringing out more commitments from governments to stop global warming.

12 Oct 2021

M&M Group launches advanced tractor range Yuvo Tech

Launched in 37 hp, 39hp and 42hp, the new Yuvo Tech+ is powered by Mahindra's new mZIP 3-cylinder engine, which comes with higher cubic capacity technology. The three tractor models are Tech+, Tech+ 405 and Tech+ 415.

04 Oct 2021

Opinion: How mobility as a service helps consumers switch from ‘ownership’ to `usership’

Vehicle subscription is the latest disruption in the Indian automobile sector. Owing to its ease and flexibility, consumers are increasingly switching over to the subscription model, a shift from ‘ownership’ to ‘usership’. However, to scale up the vehicle subscription model and make it sustainable, an integrated ecosystem needs to be created. OEMs and dealerships must come together with both the banks and the insurance companies to make vehicle subscription viable. In India, where about 85% of vehicles are financed, a unique business model like this has great potential.

14 Aug 2021

Gujarat: Scrappage policy to boost new car, CV sales, say dealers

After the Union ministry of road transport and highways (MoRTH) launched the new vehicle scrappage policy, car dealers believe it will help boost the sale of new cars as well as commercial vehicles. The new policy comes with a slew of incentives such as waiver of registration fee of the purchased vehicle, scrap value and road tax rebate, getting a 10-year old vehicle scrapped after a certain period becomes an attractive proposition.

06 Aug 2021

Anand Mahindra to become group's Non-Executive Chairman from November

Mahindra had planned to take on non-executive chairmanship from April 2020 , in line with market regulator Sebi's mandate that the chairperson of the board of top 500 listed entities be a non-executive director – also not related to the MD or CEO. However, Sebi extended the deadline for compliance to April 2022.

30 Jul 2021

Gujarat: High steel prices eating away profits of domestic industry

The skyrocketing price of steel has badly dented the profit margins of domestic companies belonging to the engineering and pipe manufacturing industries. The price rise has been fuelled by high exports. The Indian steel manufacturers are exporting around 50% of their produce because of good demand in the USA and China.

11 Jul 2021

Mahindra Finance expands its global footprint, acquires 58.2% in Ideal Finance

Mahindra Finance entered into a contractual agreement with Ideal Finance in 2019, agreeing to acquire 58% stake by March 2021, which was mutually extended by both companies till September 2021. Mahindra Finance aims to replicate its business model with this investment in Ideal Finance thereby creating a leading financial services institution in Sri Lanka.

01 Jul 2021

Exclusive: Senior executives from Tata Motors, Renault design teams quit; join M&M

Competition in the auto industry has never been more intense, as manufacturers dabble in new technologies, such as autonomous driving and electrified powertrains. And as India becomes a crucial automotive market, with sales of passenger cars crossing the two million mark, onboarding top designers for auto majors is becoming crucial, experts say. Mahindra & Mahindra, it seems, has embarked on this mission of revamping and redesigning its design team with new leadership and fresh recruitments.

Directors of Mahindra Gujarat Tractor Ltd.

Name DIN Email Designation Date of joining
Chhabildas Naranbhai Patel Unlock to View Unlock to View Additional Director 20 Jul,2018
Nikhilesh Natwarlal Panchal Unlock to View Unlock to View Director 03 Feb,2018
Jayeshkumar Bhikhabhai Patel Unlock to View Unlock to View Director 31 Oct,2017
Viren Popli Unlock to View Unlock to View Director 11 May,2017
Nikhil Vinay Madgavkar Unlock to View Unlock to View Director 14 Nov,2016
Nagarajan Sivaramakrishnan Unlock to View Unlock to View Director 04 Nov,2016
Sanjay Bimalbhai Prasad Unlock to View Unlock to View Director 01 Aug,2016
Harish Namdeo Chavan Unlock to View Unlock to View Director 17 Jul,2014

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