Mahindra & Mahindra Incorporates Trringo As Wholly-Owned Subsidiary

New Delhi: Mahindra & Mahindra (M&M) on Tuesday said it has incorporated its agricultural equipment rental services arm Trringo.com as a wholly-owned subsidiary. "Trringo.com is incorporated as a wholly-owned subsidiary of M&M with an initial subscription of 50,000 shares of Rs 10 each aggregating Rs 5 lakh," the Mumbai-based utility vehicle major said in a regulatory filing. An organised farm equipment rental service through a fra...