Mahindra Overseas Investment Company (Mauritius) (MOICML), a wholly owned subsidiary of Mahindra & Mahindra, has sold part of its stake representing 3.58% of CIE Automotive S.A (CIE Spain) outstanding shares, for a total consideration of apprx.119 million Euros. CIE Automotive S.A is an associate of MOICML.Powered by Capital Market - Live News

Mahindra & Mahindra announced that its overall sales including exports in the Trucks and Buses business (CV > 3.5T) for the month of November 2025 stood at 2232 vehicles, a y-o-y growth of 57%. Mahindra`s Trucks & Buses business comprises of Mahindra Trucks & Buses division (MTBD) and SML Mahindra (SML).According to Vinod Sahay, Executive Chairman - SML, President - Aerospace, Defence, Trucks, Buses & CE, M&M, �The CV industry marked a robust recovery in November buoyed by GST cut leading to improved customer sentiment and increased affordability. Mahindra Truck & Bus business clocked a 57% growth compared to the same month last year aided by improvements across all segments. We expect industry to continue its momentum in coming months.�Powered by Capital Market - Live News

Mahindra & Mahindra sold 44,048 tractors in month of November 2025 compared to 33,378 tractors in November 2024, recording a growth of 32%. Total sales include domestic sales of 42,273 tractors (up 33% YoY) and exports of 1,775 tractors (up 9% YoY) during the month. Commenting on the performance, Veejay Nakra, President - Farm Equipment Business, Mahindra & Mahindra said, �We have sold 42273 tractors in the domestic market during November 2025, a growth of 33% over last year. This comes on the back of a strong growth of 27% for the festive period of September & October 2025. There is positive sentiment among farmers with record production this kharif season & increase in rabi sowing acreage. Government`s progressive measure of GST rate reduction coupled with higher MSP is leading to positive cash flow for farmers & aiding tractor & farm implements demand. In the exports market, we have sold 1775 tractors, a growth of 9% over last year.�Powered by Capital Market - Live News

Mahindra & Mahindra reported total sales of 92,670 units in month of November 2025 compared to 78,202 units in November 2024, recording a growth of 19%. Total sales include passenger vehicle sales of 56,336 units (up 22% YoY) and commercial vehicle sales of 33,411 units (up 14%) in November 2025. Total sales include domestic sales of 89,747 units (up 19% YoY) and exports of 2923 units (up 5% YoY). According to Nalinikanth Gollagunta, CEO, Automotive Division, M&M, �In November, we achieved SUV sales of 56,336 units, a growth of 22%. The total vehicle sales stand at 92,670 units, a 19% year-on-year growth. We also celebrated the one-year anniversary of our Electric Origin SUVs and launched India`s first authentic Electric Origin 7-seater SUV - the XEV 9S - along with the world`s first Formula E-themed special edition SUV, the Mahindra BE 6 Formula E Edition.� Powered by Capital Market - Live News

Mahindra & Mahindra (M&M) and Manulife today announced that the two companies have entered into an agreement to establish a 50:50 life insurance joint venture, subject to regulatory approval. This new venture will strengthen Mahindra and Manulife`s existing footprint in India and underscores their commitment to enhancing the financial wellbeing of customers in one of the world`s fastest-growing markets. The vision is to be the #1 life insurance company for rural and semi-urban India, and in serving urban customers through leadership in protection solutions. The joint venture aims to offer long-term savings and protection solutions tailored to the diverse and growing needs of India`s population, in line with India`s �Insurance for All� vision by 20471. Combining Mahindra`s deep access and extensive distribution in rural and semi-urban areas with Manulife`s proven quality agency capabilities catered to urban customers, the joint venture will create long term value by driving customer centricity and leveraging new technologies. Upon regulatory approval, this joint venture will expand on the collaboration between Mahindra and Manulife in India, following the successful launch of Mahindra Manulife Investment Management in 2020. The total capital commitment from each shareholder is up to Rs 3,600 crore (US$400 million), with each shareholder expected to invest Rs 1,250 crores (US$140 million) in the first 5 years. Powered by Capital Market - Live News