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Mahindra & Mahindra to hike stake in Sampo Rosenlew Oy, Finland (subsidiary)

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Mahindra & Mahindra has immediately executed an Choice Train Share Buy Settlement to amass 1,317 Fairness Shares of Sampo Rosenlew Oy, Finland, a subsidiary of the Firm (Sampo) pursuant to train of a name choice by the Firm on the opposite Shareholder of Sampo.

Pursuant to the mentioned transaction, the Shareholding and consequent voting rights of the Firm in Sampo would improve from 79.13% to 100% of the Fairness Share Capital of Sampo.

Consequently, Sampo would change into an entirely owned subsidiary of the Firm.

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(This story has not been edited by Enterprise Customary employees and is auto-generated from a syndicated feed.)

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First Printed: Mon, July 18 2022. 18:33 IST

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