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mahindra & mahindra-gdr 144a (MAHDY) Details

Mahindra & Mahindra Limited is engaged in the automotive and farm equipment businesses in India and internationally. The company offers aerospace components, assemblies, and aircrafts; automotive services and pre-owned cars; and crop care, fresh produce services, seed distribution, and seed potato inputs. It also provides commercial vehicles, such as Alfa, Gio, trucks and buses, Bolero Pick-Up, Genio, Loadking, Maxximo Plus, and Tourister buses; personal vehicles, including Bolero, e2o, Scorpio, Thar, Verito, Xylo, Actyon, Actyon Sports, Chairman W, Korando, Kyron, Rexton, Rodius, XUV 500, and Quanto; contract sourcing and engineering services; and components, such as alloy steel, blankings, castings, composites, ferrites and magnetic products, forgings, gears, ring rolling, and stampings. In addition, the company offers backhoe loaders; engineering consulting, information security consulting, project management, and strategic risk management services; defense vehicles, including Land, Axe, Marksman, Mine Protected Vehicle, and Rakshak; diesel generators, inverters, and off-grid solar energy solutions; on-grid, power-leasing, telecom infrastructure management, and turnkey EPC services; tractors, crop harvesting, and rice and sugarcane farming solutions; and general and life insurance broking, as well as vehicle, asset, and rural housing finance services. Further, it provides bulk handling systems; business process outsourcing, IT consulting, R&D engineering and manufacturing, supply chain consulting, infrastructure management, security, and network technology solutions and services; leisure boats, resorts, homestays, and terra camps; logistics and people transport solutions; business cities and special economic zones, and living spaces; baby and maternity products through its Mom & Me retail chain; and two wheelers, such as Centuro, Pantero, Duro-DZ, Flyte, genZe, Kine, and Rodeo-RZ. The company was founded in 1945 and is headquartered in Mumbai, India.

19,427 Employees
Last Reported Date: 05/30/14
Founded in 1945

mahindra & mahindra-gdr 144a (MAHDY) Top Compensated Officers

Chairman, Managing Director, Member of Group ...
Total Annual Compensation: 12.5M
President of Automotive & Farm Equipment Sect...
Total Annual Compensation: 6.8M
Compensation as of Fiscal Year 2014.

mahindra & mahindra-gdr 144a (MAHDY) Key Developments

Mahindra & Mahindra Supplies Electric Vans to Agra Development Authority for Pilot Project at Uttar Pradesh

Mahindra & Mahindra has delivered four electric vans to the Agra Development Authority for a pilot project in the state of Uttar Pradesh. The report added that this is the first electric vehicle (EV) pilot project under the Indian government's National Electric Mobility Mission Plan (NEMMP). As part of the pilot project, the Maxximo electric van will be used along the Taj Zero Emission Corridor, to help reduce vehicular emissions. Under the project, the vans will be used to ferry tourists from certain locations to the Taj Mahal. The company reported that it will also provide charging stations, technical assistance, spare parts, and additional service support for the project. The eight-seater vehicle is equipped with advanced lithium-ion batteries and has an electric range of 100 km on a single charge.

Mahindra & Mahindra Ltd. Reports Unaudited Sales and Production Results for the Month and Year to Date Ended December 2014

Mahindra & Mahindra Ltd. reported unaudited sales and production results for the month and year to date ended December 2014. For the month, the company reported total production of 32,551 units against 42,038 units a year ago. For the year to date, the company reported total production of 340,134 units against 370,061 units a year ago. For the month, the company reported sales results of 34,460 units against 36,881 units a year ago. For the year to date, the company reported sales results of 321,471 units against 349,364 units a year ago.

Mahindra and Mahindra Plans to Launch Verito Electric in India

Mahindra and Mahindra is planning to launch the electric version of the Verito, Verito Electric, in India by mid-2015. The vehicle will be positioned in the commercial car-rental segment with expected sales of around 100 units per month. It is also planning to export the electric Verito to international markets, including Europe. The model is likely to be priced at around INR 900,000. It is equipped with 29KW (39bhp) AC motor and features lithium-ion batteries that can be fully charged in seven hours.


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