Tech Mahindra arm Pininfarina raises stake in Signature to 84%

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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.

“…Pininfarina S.p.A., a step-down subsidiary of the company, has on 14th August 2025…informed that it has pursuant to an agreement acquired and subscribed to additional stake in…



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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.

“…Pininfarina S.p.A., a step-down subsidiary of the company, has on 14th August 2025…informed that it has pursuant to an agreement acquired and subscribed to additional stake in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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