Sale2 Mar 2026, 03:16 pm
Mahindra & Mahindra Ltd. Completes Sale of Remaining Shares in Blue Planet Integrated Waste Solutions Private Limited
AI Summary
Mahindra & Mahindra Ltd. has sold its remaining 20% of the paid-up share capital of Blue Planet Integrated Waste Solutions Private Limited (BPIWSPL) to Blue Planet Environmental Solutions India Private Limited (BPES India), an affiliate of Blue Planet Environmental Solutions Pte Ltd. This sale, completed on 24th March 2026, has resulted in the Company's shareholding in BPIWSPL becoming NIL and BPIWSPL ceasing to be an associate of the Company.
Key Highlights
- Sale of remaining 20% of paid-up share capital of BPIWSPL to BPES India
- Completion of sale on 24th March 2026
- Company's shareholding in BPIWSPL now NIL
- BPIWSPL ceases to be an associate of the Company
- BPES India is an affiliate of Blue Planet Environmental Solutions Pte Ltd and is engaged in waste management solutions