Ssangyong Motor

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Title Regarding the Indian media report that Mahindra is increasing its shareholding in Ssangyong
Date 2015-04-24
“ Regarding recent news in the media about M&M increasing its investment in Ssangyong, we reiterate that the companies ( both M&M and Ssangyong) always adhere to the practice of prior intimation to exchanges in case of price sensitive information relating to  business and investments .  There having been no such prior exchange intimation, we assert that the news about M&M increasing its investments in SSangyong is purely speculative.”
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