India: Mahindra acquires 26% stake in Mitra, forays into sprayers business

India: Mahindra acquires 26% stake in Mitra, forays into sprayers business

Mahindra's Pawan Goenka. Photo: Livemint

Mahindra and Mahindra Ltd, the world’s largest tractor maker, on Tuesday said it has acquired a 26% stake in Mitra Agro Equipment Pvt. Ltd, a manufacturer of agricultural sprayers, in an all-cash transaction valued at Rs 8 crore.

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