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Mahindra’s profit nearly doubles to...

CHENNAI: Mahindra & Mahindra's Rs 417...

Mahindra’s profit nearly doubles to 2,774cr in Q1

CHENNAI: Mahindra & Mahindra's Rs 417 crore investment for a 3.53% stake in RBL Bank will not go beyond the permissible 9.9% stake at any point and will stay at 3.5% "till we see compelling value in increasing it in the future within the permissible limit," said Mahindra Group CEO & MD Anish Shah. "We have no intention of getting into a bank at this point and we do not expect to go higher (than 3.53%) either. At this level, we are the third largest shareholder and this...

Karl Jörg - August 5, 2023

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Mahindra’s profit nearly...

CHENNAI: Mahindra & Mahindra's Rs 417 crore investment for a 3.53% stake in RBL Bank will not go beyond the permissible 9.9% stake...

Karl Jörg - August 5, 2023

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