Mahindra and Mahindra, India liquidates its Bangladesh subsidiary

On March 14, Mahindra & Mahindra Limited (M&M) announced that Mahindra Bangladesh Private Limited (“MBPL”), which is a wholly-owned subsidiary of M&M has been liquidated and has ceased to be in existence with effect from March 14, 2023. MBPL had nil income from the operations of the company as on March 31, 2022. Its ....

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