Mahindra & Mahindra’s stake in New Democratic Electoral Trust Falls to 49.63%
NDET ceases to be a step-down subsidiary after an equity share allotment reduces the Mahindra group’s aggregate holdin...
Anurag Chaturvedi
17 Oct 2026
Mahindra & Mahindra accounted for 55.6 percent of the industry’s 26,513-unit decline. A monsoon nearly 13 percent below normal and concerns over El Niño leave the outlook for rural demand uncertain.
Read moreNDET ceases to be a step-down subsidiary after an equity share allotment reduces the Mahindra group’s aggregate holdin...
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