Mahindra Mahindra Ltd (M&M)
Please refer to the enclosed file.
Dilution of stake in Mahindra Summit Agriscience Limited (MSAL) by Mahindra Agri Solutions Limited (MASL). MASL's holding reduced to 58.8%, Summit Agro International Limited (SAI) holds 41.2% with equal voting rights. MSAL changes from subsidiary to associate of MASL and ceases to be a step-down subsidiary of Mahindra & Mahindra. MSAL FY26 revenue Rs. 236.09 Cr; net worth Rs. 35.93 Cr contributing 0.023% to consolidated net worth.
Source: Original filing PDF
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🚨 M&M — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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