Mahindra & Mahindra Ltd. (M&M) has completed the acquisition of the remaining equity stake in Mahindra – BT Investment Company (Mauritius) Limited (MBTICM), marking a key milestone in the Group’s ongoing initiative to simplify and streamline its corporate structure.
Today, the company executed a Share Purchase Agreement with BT Holdings Limited (BTHL) and MBTICM to purchase 51,08,400 equity shares, representing 43% of MBTICM’s paid-up equity share capital. The shares were acquired for a consideration of Rs 66.33 crore, based on the fair value of MBTICM’s available assets.
This transaction follows M&M’s earlier communication dated 18 March 2025, wherein the company had completed the acquisition of a 57% stake in MBTICM from Mahindra Overseas Investment Company (Mauritius) Limited (MOICML). With the conclusion of both transactions, Mahindra & Mahindra now holds 100% ownership of MBTICM, and BTHL’s shareholding stands at zero. MBTICM will consequently become a wholly owned subsidiary of the company, enabling M&M to pursue its planned liquidation.
