Mahindra & Mahindra announces sale of 51% stake in Novavayu Aerospace to Embraer

The corporate action will result in NAL ceasing to be a wholly-owned subsidiary and transitioning into an associate company of Mahindra Defence Systems Limited (MDSL).
Read the full report on Business News India
Story file
- Section
- India
- Topics
- Defence & security, Cars & bikes
- First reported by
- Business News India
- Reporter
- business today desk
- Published
- Saturday, 10 October 2026, 8:26 pm IST
- Coverage
- One outlet so far
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