Tech Mahindra arm Pininfarina raises stake in Signature to 84%
Pininfarina, a step-down subsidiary of Tech Mahindra, has raised its stake in Signature, an associate company, to 84% from 24% for 1,34,375 euros, according to a statutory filing by the IT services company on Friday.
With this transaction, Signature has become a subsidiary of Pininfarina and a step-down subsidiary of the company, Tech Mahindra said in a BSE filing.
