MAHINDRA & MAHINDRA LTD. - 500520 - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (Update -Cessation Of Ssangyong Motor (Shanghai) Company Limited ('SYSC') As A Wholly Owned Subsidiary Of SYMC And As A Subsidiary Of The Company).
With reference to the captioned subject, we would like to inform you that the Company has received an intimation today based on its enquiry from the Receiver of SsangYong Motor Company, a subsidiary of the Company, ('SYMC') about sale of SsangYong Motor (Shanghai) Company Limited ('SYSC'), a wholly owned subsidiary of SYMC and a subsidiary of the Company. Pursuant to the above, SYSC has ceased to be a subsidiary of SYMC and consequently, that of the Company. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 are given in Annexure A to this letter12-04-2022