Business Standard

M&M to demerge agri inputs biz of MSSSL into itself

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BS Reporter Mumbai

Mahindra & Mahindra (M&M) Ltd is looking at a demerger of the agri inputs business of its subsidiary Mahindra Shubhlabh Services Ltd (MSSL) into the company.

M&M has informed the Bombay Stock Exchange that a meeting of the Board of Directors of the company will be held on March 30, 2010 to consider a scheme of arrangement between MSSL and M&M and their respective shareholders and creditors, which envisages demerger of the Agri Inputs Business of MSSL into the company.

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First Published: Mar 29 2010 | 12:25 PM IST

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