Tech Mahindra to acquire 100% stake in Mahindra Racing UK for Rs 13.5 cr

Tech Mahindra on Friday said its wholly owned subsidiary, Tech Mahindra London Ltd (TMLL), has entered into a definitive agreement to acquire Mahindra Racing UK Ltd (MRUK) from Mahindra Overseas Investment Company (Mauritius) Ltd (MOICML).

MOICML is a wholly owned subsidiary of Mahindra & Mahindra Ltd (M&M).