M&M promoter group entity initiates sale of shares; sale will reduce promoters’ stake to 18.57% from 19.32%
Mumbai: Mahindra & Mahindra’s promoter group entity Prudential Management and Services Pvt Ltd (PMSL) has initiated a secondary sale of shares in the company as the “family is looking for liquidity for specific needs”, the automobile manufacturer said in a filing with the stock exchanges on Wednesday. The company made the filing as a clarification … Read more
