Mahindra Offers Proactive Inspection of Premature Wear of Engine Parts Due To Contaminated Fuel In A Suspect Batch Of Less Than 600 Vehicles

Mahindra & Mahindra Ltd. (M&M Ltd.), one of the leading automobile companies in India and the world's largest tractor company by volume, announced proactive inspection and replacement of diesel engines in some of its vehicles manufactured at Nashik factory for suspicion of premature wear of engine parts due to contaminated fuel that was received in the factory on a particular date, and was filled in the select batch. This is a limited batch of less than 600 vehicles manufactured between 21st June to 2nd July 2021 and is keeping in line with the company's customer centric approach.

The inspection and subsequent rectification will be carried out free of cost for all customers, who will be individually contacted by the company. In an endeavor to ensure a hassle-free experience for its customers, the company is proactively carrying out this activity. This action is also in compliance with voluntary code on vehicle recall.

Shares of MAHINDRA & MAHINDRA LTD. was last trading in BSE at Rs.779.55 as compared to the previous close of Rs. 779.9. The total number of shares traded during the day was 25695 in over 1217 trades.

The stock hit an intraday high of Rs. 783.9 and intraday low of 776.7. The net turnover during the day was Rs. 20046383.

Source : Equity Bulls

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