Mahindra & Mahindra Approves Merger of Mauritius Subsidiary

Mahindra & Mahindra Ltd. announced that its Board of Directors has approved the Scheme of Merger by Absorption of its wholly-owned subsidiary, Mahindra Investment Company (Mauritius) Limited (MICML), with the parent company. The merger, effective from April 1, 2026, will see MICML's business and undertaking transferred to Mahindra & Mahindra Limited. As MICML is a wholly-owned subsidiary, no new shares will be issued, and no consideration will be paid. The transaction is not expected to be prejudicial to the interests of shareholders, creditors, employees, or other stakeholders. The financial details for FY 2025-26 show MICML with a paid-up capital of ₹111.90 crore and net worth of ₹134.95 crore, while Mahindra & Mahindra Limited has a paid-up capital of ₹601.02 crore and a net worth of ₹73,994.77 crore.