Mahindra & Mahindra hikes stake in Ssangyong Motor to 74.65% picks shares worth Rs 316 cr
"Pursuant to the above, the shareholding of the company (M&M) in SYMC would increase from 72.46 per cent to 74.65 per cent," M&M said.
In August 2010, M&M had first signed an agreement to acquire the then ailing SYMC and completed the acquisition with 70 per cent stake for USD 463 million in March 2011. Reuters