Mahindra Mahindra Takes Majority Stake in REVA Electric Car Co.
Green Car Congress
MAY 26, 2010
M&M) is acquiring a majority share in REVA Electric Car Co Ltd. REVA Electric Car Co Ltd. will be renamed Mahindra REVA Electric Vehicle Co Ltd. equity in Mahindra REVA via a combination of equity purchase from the promoters and a fresh equity infusion of over Rs 45 crores (approx US $10 million) into the company.
Let's personalize your content