Mahindra & Mahindra completes liquidation of Australian aerospace subsidiary, ETManufacturing
Upon liquidation, MAPL received about ₹17.12 crore as distribution of proceeds towards its full shareholding in MAAPL. Mahindra & Mahindra (M&M) on Friday announced the cessation of Mahindra Aerospace Australia (MAAPL) as a wholly-owned subsidiary of Mahindra Aerospace (MAPL) following the receipt of a deregistration certificate, the company said in a regulatory filing. The development…

