Mahindra Hinoday Industries Ltd

Mahindra Hinoday Industries Ltd

Company limited by shares (2)

Mahindra Hinoday Industries Ltd Overview

INDIA HO
Mumbai
COMPANY SIZE
400+ employees
CIN
U27100MH2007PLC173636
TYPE
PUBC
CATEGORY
Company limited by shares
SUB-CATEGORY
Indian Non-Government Company
WEBSITE
EMAIL
bhaskarbhosale@hinodaynet.com
FOUNDED
30 Aug,2007
PAID-UP CAPITAL
465,767,170
AUTHORISED CAPITAL
720,000,000
ACCREDIT
ISO/TS 16949
19 Related OEMs
2 No. of plants

Company Breakup

Name share
Foreign Holdings
64.95%
Bodies Corporate
34.98%
Total Number Of Shareholders 48
Shareholding As On 2014-09-30

Mahindra Hinoday Industries 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.

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.

18 May 2021

MSME body wants FM to extend GST deadlines

Kassia president KB Arasappa also requested the Finance Minister to take steps to see refunds were released on priority. Karnataka has been under a lockdown until May 24, and manufacturing activities, except those in the essential sectors, have been at a standstill. The lockdown has choked production in industries and caused cash crunch, he said.

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.

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.

06 Apr 2021

Opinion: Will any SUV ensure success?

SUV is not a fad that will fade away like certain fashion trends. The product offering rests on strong fundamentals using a mix of emotional and practical reasons.SUV sales were the only bright spot with a 2% growth when the overall passenger vehicle market shrunk by 10% in 2020-21 from that in 2019-20 (which itself was a dampener). This report explores and explains the reasons for this phenomenal consumer shift to SUVs shelving the traditional hatch and premium sedans. However, the latter two segments will not be totally eclipsed. They will continue to enjoy loyal following as the SUVs will neither have the elegance and proportions of a sedan nor the convenience of a hatch. They all will co-exist. May be at different levels, but leaving the question: Will any SUV ensure success?

05 Apr 2021

Tata Motors jumps to third position in PV sales for FY21 beating Mahindra; grows in market share

Tamo has posted its highest volumes in eight years to reclaim the third spot in the local passenger vehicle market. Experts say that this has been possible on the back of some successful product launches including the Altroz and Safari. The country’s UV manufacturer, Mahindra & Mahindra has been pushed back to the fourth position in a neck and neck PV sales battle with Korean carmaker, Kia Motors.

05 Apr 2021

No sedans, mini SUVs for M&M: CEO Shah

Mahindra & Mahindra (M&M) has decided not to make sedans, hatchbacks and smaller SUVs, while looks to have an all-new brand of premium, electric SUVs under its Italian subsidiary Pininfarina, which could be priced up to Rs 40 lakh, new MD & CEO Anish Shah has said.

Directors of Mahindra Hinoday Industries Ltd

Name DIN Email Designation Date of joining
Jose Ramon Berecibar Mutiozabal Unlock to View Unlock to View Director 10 Feb,2014
Antonio Maria Pradera Jauregui Unlock to View Unlock to View Director 04 Oct,2013
Jesus Maria Herrera Barandiaran Unlock to View Unlock to View Director 04 Oct,2013
Pedro Jesus Echegaray Larrea Unlock to View Unlock to View Director 04 Oct,2013
Krishnan Ramaswami Unlock to View Unlock to View Managing director 29 Mar,2012
Sanjay Narendrakumar Arte Unlock to View Unlock to View Director 22 Jan,2008
Hemant Hans Raj Luthra Unlock to View Unlock to View Director 30 Aug,2007

Mahindra Hinoday Industries Ltd deals in:

Components

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