Mahindra & Mahindra announced that Gipp Aero Investments (GAI) and Aerostaff Australia (AA), step down subsidiaries of the Company, have been voluntarily deregistered by the Australian Securities & Investments Commission with effect from 16 May, 2018. By virtue of the deregistration, GAI and AA have ceased to be subsidiaries of Mahindra Aerospace Australia, Australia and in turn of Mahindra Aerospace, step down subsidiaries of the Company and in turn of the Company.
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