Mahindra & Mahindra, India merges MHEL, MTWL and TCL

On August 4, Mahindra & Mahindra Ltd. announced that its board of directors approved the scheme of merger by absorption of Mahindra Heavy Engines Limited (MHEL) and Mahindra Two Wheelers Limited (MTWL) and Trringo.com Limited (TCL), wholly owned subsidiaries of the company, with the company and their respective share....

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