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BSE SENSEX
73,088.33
+599.34
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Corporate Announcement
Security Code
500520
Company
MAHINDRA & MAHINDRA LTD.
Exchange Received Time
15/05/2018 16:58:17
Exchange Disseminated Time
15/05/2018 16:58:26
Time Taken
00:00:09
Intimation By EPC Industrié Limited, A Listed Subsidiary Of The Company, Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 |
5/15/2018 4:58:18 PM
The Company has received an intimation today from EPC Industrié Limited, a listed subsidiary of the Company ('EPC') that EPC has today entered into an Agreement, to form a Joint Venture Company in India ('NewCo') with Top Greenhouses Limited, Israel ('Top') to provide solutions for Protected Cultivation Technology Products and subscribe/acquire up to 60% of the Share Capital of the NewCo with the remaining 40% proposed to be held by Top.
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 and as intimated by EPC is attached to the Annexure to this letter.
This is for your information.
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