June 23, 2017 11:12 AM ET

Specialty Retail

Company Overview of Mahindra First Choice Wheels Ltd.

Company Overview

Mahindra First Choice Wheels Ltd. provides multi-brand used car buying and selling services in India. It also offers finance and insurance options. The company was founded in 1994 and is based in Mumbai, India. Mahindra First Choice Wheels Ltd. operates as a subsidiary of Mahindra & Mahindra Limited.

10th Floor

DLH Complex

S.V. Road

Near Goregaon West Telephone Exchange, Goregaon (W

Mumbai,  400062


Founded in 1994


91 80 0102 4800


91 22 3320 1825

Key Executives for Mahindra First Choice Wheels Ltd.

Chief Executive Officer
Chief Financial Officer
Vice-President of Operations
Chairman of Mahindra & Mahindra Ltd and Managing Director of Mahindra & Mahindra Ltd
Age: 61
Chief Operating Officer of Outlets
Age: 63
Compensation as of Fiscal Year 2016.

Mahindra First Choice Wheels Ltd. Key Developments

Reliance Capital Reportedly To Sell Stake In 2 Non-Core Investments

Reliance Capital Limited (BSE:500111), according to a CNBC-TV18 report, was close to exiting its non-core investments, which would mean proceeds of INR 15 billion. It planned to sell 25% stake in Mahindra First Choice and 35% in Prime Focus Limited (BSE:532748). The company could have seen a total capital gain of nearly INR 8 bilion-10 billion.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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