Corporate News     23-Sep-23
Mahindra & Mahindra Financial Services acquires balance 20% stake in Mahindra Insurance Brokers
Mahindra & Mahindra Financial Services has completed the acquisition of balance 20% stake i.e. 20,61,856 equity shares of Rs. 10 each at a price of Rs 1001 per share of Mahindra Insurance Brokers (MIBL), a subsidiary of the company, from Inclusion Resources.

Consequently, MIBL has become a wholly owned subsidiary of the Company with effect from 22 September 2023.

Previous News
  Mahindra & Mahindra Financial Services consolidated net profit declines 5.88% in the December 2023 quarter
 ( Results - Announcements 31-Jan-24   07:37 )
  Benchmarks reverse losses; PSU bank shares advance
 ( Market Commentary - Mid-Session 23-May-24   10:39 )
  Mahindra Finance gets corporate agency license from IRDAI for distributing insurance products
 ( Hot Pursuit - 23-May-24   09:51 )
  Mahindra Finance disbursements grow 16% YoY in Nov'23
 ( Hot Pursuit - 05-Dec-23   10:19 )
  Mahindra & Mahindra Financial Services receives affirmation in credit ratings from CRISIL
 ( Corporate News - 22-Feb-24   17:18 )
  Mahindra Finance obtains Corporate Agency License from IRDAI to distribute insurance products
 ( Insurance - 23-May-24   10:05 )
  Mahindra & Mahindra Financial Services consolidated net profit rises 9.23% in the March 2023 quarter
 ( Results - Announcements 29-Apr-23   07:39 )
  Mahindra & Mahindra Financial Services allots NCDs aggregating Rs 405 cr
 ( Corporate News - 01-Mar-24   13:52 )
  Mahindra & Mahindra Financial Services
 ( Results - Analysis 28-Apr-23   20:30 )
  Mahindra & Mahindra Financial Services receives ratings action from CRISIL and India Ratings
 ( Corporate News - 20-Apr-24   11:10 )
  Board of Mahindra & Mahindra Financial Serv. recommends final dividend
 ( Corporate News - 04-May-24   09:40 )
Other Stories
  Vardhan Capital & Finance schedules AGM
  06-Jul-24   17:34
  Automotive Axles schedules AGM
  06-Jul-24   17:34
  Maruti Infrastructure to conduct AGM
  06-Jul-24   17:34
  Torrent Power schedules AGM
  06-Jul-24   17:34
  Raghav Productivity Enhancers to hold AGM
  06-Jul-24   17:34
  Berger Paints India schedules AGM
  06-Jul-24   17:33
  Walpar Nutritions to conduct AGM
  06-Jul-24   17:33
  Weizmann AGM scheduled
  06-Jul-24   17:33
  Gretex Industries schedules AGM
  06-Jul-24   17:33
  Karma Energy schedules AGM
  06-Jul-24   17:33
Back Top