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In-principle approval granted for consolidation of Mahindra Electric Mobility Limited with M&M Limited

The Board of Directors of Mahindra & Mahindra Limited (“M&M”) has granted an in-principle approval for consolidation of Mahindra Electric Mobility Limited, a step-down subsidiary of the Company (“MEML”) into the Company. Key Highlights:  - Consolidation would categorise EV operations in two focused verticals: Last Mile Mobility (LMM) and Electric Vehicle Tech Centre. - Simplifying the structure will drive improvements...

Mahindra Electric appoints Suman Mishra as CEO

Mahindra Electric Mobility Ltd. (MEML), part of the Mahindra Group, today announced the appointment of Suman Mishra as the Chief Executive – Mahindra Electric Mobility Ltd. (MEML) as a Whole-time Director with effect from August 14, 2021. She will also be the Chief Executive Designate for the Last Mile Mobility business (LMM). She moves from her current role of Senior Vice President - Business Transformation, Insights and Analytics (BIA) for the Automotive Sector. She will report to Raj...