Mahindra & Mahindra approved the proposal for transferring agri business to subsidiary

Q.  M&M has approved the proposal to transfer its agri business to a 100 percent subsidiary called MSSL. What does MSSL stand for?
- Published on 15 Feb 16

a. Mahindra Satyam Services Ltd
b. Mahindra Saral Services Ltd
c. Mahindra Shubhlabh Services Ltd
d. None of the above

ANSWER: Mahindra Shubhlabh Services Ltd
 
BoD of directors of Mahindra & Mahindra Ltd have approved the proposal for transferring the company’s agri business to 100% subsidiary Mahindra Shubhlab Services to create one entity for focused growth. Agri business is aligned to long term aim for farm tech prosperity. Agri business has reached a critical mass and new entity will provide benefit for completely leveraging potential offered by businesses.

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