Mahindra & Mahindra announced that Mahindra Armored Vehicles Jordan, LLC. ('MAVJL') is incorporated with effect from 31 March, 2019, as a wholly owned subsidiary of Mahindra Emirates Vehicle Armouring FZ LLC ('MEVA'), a step down subsidiary of the Company in which 88% of the shares are held by Mahindra Overseas Investment Company (Mauritius) ('MOICML'), a wholly owned subsidiary of the Company.
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