M&M Expands into Security Solutions with New Subsidiary

Mahindra & Mahindra (M&M) has officially announced the incorporation of a new wholly owned subsidiary (WOS) named Mahindra Advanced Technologies Limited (MATL). 

The decision was approved by the Board of Directors during its meeting held on February 7, 2025, and the incorporation was completed on April 7, 2025, in Mumbai, Maharashtra.

About Mahindra Advanced Technologies Limited (MATL)

Mahindra Advanced Technologies Limited has been established with a vision to become a leading player in integrated, innovative, and advanced security technology solutions. The company is structured to operate both as a holding and operating entity. Its core operations will include the design, development, manufacturing, supply, overhaul, repair, and maintenance of a wide range of security-related solutions.

This strategic step aligns with M&M’s broader ambitions to strengthen its presence in high-tech and future-ready sectors, with MATL focused on security technologies, which are crucial in today’s digital and physical infrastructure landscape.

Sector and Scope

MATL will operate within the Manufacturing and Allied Services industry, particularly focusing on security systems and solutions. This could encompass physical security infrastructure, digital surveillance, integrated security platforms, and next-gen solutions catering to both private and public sector clients.

Details of the WOS

Mahindra & Mahindra will invest ₹5 crore in MATL by subscribing to 50,00,000 equity shares of ₹10 each at par value. The new subsidiary will be 100% owned by M&M, ensuring full strategic and operational control.

The status of MATL was reflected in the Master Data of the Ministry of Corporate Affairs (MCA) on April 7, 2025. The incorporation has been duly acknowledged and confirmed through this update.

Mahindra & Mahindra Share Price Performance 

On April 8, 2025, M&M share price opened at ₹2,510.00, up from its previous close of ₹2,491.25. At 9:41 AM, the share price of M&M was trading at ₹2,498.75, up by 0.30% on the NSE.

Conclusion

With the formation of Mahindra Advanced Technologies Limited, M&M is taking a significant step into the field of advanced security solutions, further diversifying its portfolio. The new entity is poised to drive innovation and value in a sector that is increasingly critical to national and enterprise safety, bolstering Mahindra’s footprint in high-tech, future-focused domains.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.