Mahindra Expands Horizons with Advanced Tech Subsidiary

Mahindra & Mahindra Limited (M&M), the prominent Mumbai-based automotive giant, has announced the establishment of a wholly owned subsidiary, Mahindra Advanced Technologies (MATL), dedicated to the development and provision of advanced security solutions. The subsidiary's incorporation was finalized on April 7, 2025, following board approval in February.

M&M has committed an investment of Rs five crore in MATL by subscribing to 50 lakh equity shares of Rs 10 each, ensuring full ownership of the new entity. MATL will operate in the manufacturing and allied services sector, with a focus on the design, development, manufacturing, supply, trade, maintenance, and servicing of a comprehensive range of security technologies.

This move underscores M&M's strategic shift to diversify its business portfolio and expand into technology-driven sectors. MATL is poised to play a key role in addressing India’s rising demand for security infrastructure across various industries.

News by Rahul Yelligetti.