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Mahindra Renewables to Sell Three Subsidiaries to CLP India for ₹3.4 Billion

The expected date for the completion of the sale is May 31, 2020

February 24, 2020

/ Anjana Parikh
/ Finance and M&A, Solar
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Mahindra & Mahindra Limited announced that its subsidiary, Mahindra Renewables Private Limited (MRPL), has agreed to sell its entire stake in three subsidiaries to CLP India Private Limited (CLP) for ~₹3.40 billion ($47.35 million).

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Anjana Parikh

More articles from Anjana Parikh.
CLP India Private LimitedEquity SharesMahindra RenewablesNational Stock ExchangeStakesubsidiariesturnover
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