Mahindra & Mahindra Limited

Mahindra & Mahindra Limited

Company limited by Shares (1) 2343+ employees

Mahindra & Mahindra Limited Description

Mahindra & Mahindra Limited (M&M) is an Indian multinational automobile manufacturing Corporation headquartered in Mumbai. Being a part of the Mahindra Group, an Indian Conglomerate, it is the largest vehicle manufacturers by production in India and the largest manufacturers of tractors in the world. It has managed to gain the 21st spot on a list of Top Companies in India by Fortune India 500. Its major competitors in the market are Maruti Suzuki, TATA Motors, and Ashok Leyland to name a few. They have segmented their departments into Farm Equipments, Information Technology, Financial Services, Clean Energy, Urban Lifestyle, B2B, Defense, to name a few. They remain committed to investing in technology, growing their global presence to maintain their leadership position. They have an aim to replicate Indian Success Story on the global stage. To get this dream into action the company is growing its R&D Capabilities. They are manufacturing world - class products and building industry leading brands. This way they are able to broaden the portfolio of their superior products. They constantly challenge conventional thinking and innovatively use all their resources to drive positive change in the lives of their customers. They are a leading manufacturers of major automotive and non- automotive components since the early 2000s. The products that are manufactured are Forgings, Castings, Magnetic products, Composites, Stampings, and Gears. They have also evolved with the modern battleground. Their new age defense solutions including security consulting and hi-tech information security systems, are built to fight the growing cyber tourism.

Mahindra & Mahindra Limited Overview

INDIA HO
MUMBAI
COMPANY SIZE
2343+ employees
CIN
L65990MH1945PLC004558
TYPE
Public
CATEGORY
Company limited by Shares
SUB-CATEGORY
Non-govt company
WEBSITE
http://www.mahindra.com
EMAIL
narayan.shankar@mahindra.com
FOUNDED
02 Oct,1945
PAID-UP CAPITAL
3,105,461,920
AUTHORISED CAPITAL
6,250,000,000
376 Related Suppliers
5 No. of plants

Company Breakup

Name share
Public Financial Companies
0.07%
Foreign Holdings
34.41%
Government
0.12%
Others
22.86%
Bodies Corporate
16.22%
Mutual Funds
2.66%
Individuals
8.05%
Banks
15.60%
Total Number Of Shareholders 171208
Shareholding As On 2015-08-07

Mahindra & Mahindra Limited in News

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.

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.

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.

Directors of Mahindra & Mahindra Limited

Name DIN Email Designation Date of joining
Thothala Narayanasamy Manoharan Unlock to View Unlock to View Director 11 Nov,2016
Suryakant Balkrishna Mainak Unlock to View Unlock to View Nominee director 13 Nov,2013
Pawan Kumar Goenka Unlock to View Unlock to View Whole-time director 23 Sep,2013
Vikram Singh Mehta Unlock to View Unlock to View Director 30 May,2012
Vishakha Nirubhai Desai Unlock to View Unlock to View Director 30 May,2012
Anand Gopal Mahindra Unlock to View Unlock to View Director 01 Aug,2010
Anupam Pradip Puri Unlock to View Unlock to View Director 30 Jan,2001
Ravindra Krishna Kulkarni Unlock to View Unlock to View Director 21 Aug,1997
Nadir Burjor Godrej Unlock to View Unlock to View Director 28 Aug,1992
Murugappan Murugappan Muthiah Unlock to View Unlock to View Director 28 Aug,1992
Deepak Shantilal Parekh Unlock to View Unlock to View Director 29 Aug,1990

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