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| GROUP PROFILE |
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| The Mahindra Group |
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| Mahindra embarked on its journey in 1945 by assembling the Willys Jeep in India and is now a USD 7.1 billion Indian multinational. It is a conglomerate of 105 companies in varied businesses and employs over 1,00,000 people across the globe. It is today a full-range player with a presence in almost every segment of the automobile industry, from two-wheelers to CVs, UVs, SUVs and sedan. |
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Mahindra is the only Indian company among the top tractor brands in the world.
It has a significant and growing presence in financial services, IT, tourism, infrastructure development and trade & logistics. |
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| After its dominance in certain categories of automobiles and two wheeler segments, its latest foray is in the aeronautic space with 2 strategic acquisitions - Gippsland Aeronautics and Aerostaff Australia in FY 09-10. |
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| Renewable energy is critical to the future growth of the Group as well as the country. This imperative has led Mahindra to foray into the exploration of renewable power options, under the Mahindra Cleantech Ventures initiative. The first step has been taken in the solar space, with an aim to be at the forefront of the solar revolution in India. Powered by advanced technologies, innovative solutions, proven engineering and project development expertise, Mahindra Solar will provide an entire portfolio of both on-grid and off-grid power solutions. |
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| The Mahindra Group today enjoys a strong brand image with operations in diverse businesses having global presence, with plants in China, UK, and USA, partnerships with international companies like Renault SA, France and International Truck and Engine Corporation, USA, subsidiaries in Italy, USA, China and South Africa and its products exported the world over. |
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| A list of Mahindra's subsidiaries and Joint Ventures can be found in Mahindra's 2009-2010 Annual Report. |
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| The above is a brief write-up of the entire Mahindra Group and not just the companies included in report scope. |
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| Shareholding Pattern |
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*All figures are as on 31st March, 2010.
*FIIs do not include shareholding aggregating 13.52 million shares representing 2.34% of the paid-up capital
of the Company held by a FII as the same is included under the category of Promoters and Promoter Group. |
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| Changes in share capital structure during the reporting period |
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Upon sub-division of the face value of Ordinary (Equity) Shares, the authorised share capital of the Company is INR 6250 million
divided into 120,00,00,000 Ordinary (Equity) Shares of INR 5 each and 25,00,000 unclassified shares of INR 100 each. The issued, subscribed and paid-up share capital of the Company as on 31st March, 2010 is INR 2892.2 million comprising of 57,84,34,478 Equity Shares of INR 5 each. |
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| Note: Information on the shareholding pattern and Share Capital structure pertains to M&M Limited. Similar details of the other Group Companies covered in this Sustainability Report are available in the M&M Limited Annual Report. |
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