Mahindra & Mahindra announces sale of equity shares to CDPQ

On June 3, Mahindra & Mahindra (M&M) Benefit Trust sold 19.2 million shares of Mahindra & Mahindra (M&M), amounting to INR 12.4 billion to CDPQ, an institutional investor based in Quebec, Canada. This is the first investment by CDPQ in the Mahindra Group.
The proceeds of the sale would be transferred to Mahindra & M....

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