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

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.

28 Jun 2021

General Motors India offers final separation scheme to Maharashtra plant staff

The scheme, which is 50% higher than its previous offer, is intended as a truce between workers and the company, who have been at loggerheads for the last six months. The new scheme offers a separation package of 110 days of salary for each completed year of service, instead of the 75-day settlement plan offered earlier.

23 Jun 2021

Gujarat: 9% spike in diesel prices in a month bloats freight costs

The manufacturing industry is feeling the pinch of rising input costs as diesel prices have risen by 9.2% in just 37 days. Diesel prices rose from Rs 86.96 per litre on May 17 to Rs 95.01 on June 22. Prices are climbing to record highs every day and with this both transporters and industry are feeling the heat.

21 Jun 2021

Mahindra rolls out discounts of up to INR 3 lakh on SUVs

The company has listed these benefits ranging from INR 16,500 (for Bolero) to INR3.01 lakh (for Alturas) on its official website. The offers include cash offer, exchange bonus, corporate discount, and additional offers. They are valid up to June 30, 2021, and vary from dealership to dealership.

12 May 2021

M&M's sales volume may be lower by 20% in June quarter

"The rampant spread of the second wave of COVID-19 and lockdowns enforced in various states/parts of the country coupled with disruption in the supply of oxygen for industrial use, demand and supply for vehicles and tractors is expected to be impacted temporarily," M&M said.

03 May 2021

Impact of pandemic curbs: 40% transport vehicles off roads in Gujarat

It’s akin to the last year’s lockdown for transporters. Movement restrictions and curbs have been imposed to tackle the massive surge in cases of Covid-19 and Gujarat transporters are feeling the heat. Estimates of Akhil Gujarat Truck Transporters’ Association (AGTTA) suggest that at least 40% of the transport vehicles have now gone off the roads.

30 Apr 2021

Companies shut plants, cut output to cope with fall in demand

Companies that have announced closures include Toyota, Maruti Suzuki, Hero Moto and Honda Motorcycles and Scooter India (HMSI), while those that have reduced output are understood to include Havells, Nippon Paints, Panasonic, Mercedes-Benz, Mahindra & Mahindra (M&M), LG (Pune factory) and Tata Motors.

15 Apr 2021

SsangYong Motor in receivership as owner Mahindra fails to find buyer

South Korea's SsangYong Motor has been put under court receivership, the Seoul Bankruptcy Court said on Thursday, in an attempt to rehabilitate the car maker after majority owner Mahindra and Mahindra failed to secure a buyer. SsangYong applied to the court in December for receivership after it defaulted on a loan repayment.

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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