Mahindra Mahindra to hike stake in Sampo Rosenlew Oy Finland subsidiary

21 Jul 2022 , 01:34 AM

Mahindra Mahindra has today executed an Option Exercise Share Purchase Agreement to acquire 1317 Equity Shares of Sampo Rosenlew Oy Finland a subsidiary of the Company Sampo pursuant to exercise of a call option by the Company on the other Shareholder of Sampo Pursuant to the said transaction the Shareholding and consequent voting rights of the Company in Sampo would increase from 7913Percentage to 100Percentage of the Equity Share Capital of Sampo Consequently Sampo would become a wholly owned subsidiary of the Company