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  1. M&M offloads Sampo Rosenlew to TERA in ₹50 crore agreement; stock gains 1%

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M&M offloads Sampo Rosenlew to TERA in ₹50 crore agreement; stock gains 1%

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3 min read | Updated on September 29, 2025, 18:38 IST

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SUMMARY

Consequent to completion of the aforesaid transaction, Sampo would cease to be a wholly owned subsidiary of the company, M&M said, adding that this transaction aligns with its focus on opportunities that best position it for long term success.

Shares of Mahindra and Mahindra settled 1.08% higher at ₹3,433.10 apiece on the NSE. | Image: Shutterstock

Shares of Mahindra and Mahindra settled 1.08% higher at ₹3,433.10 apiece on the NSE. | Image: Shutterstock

Mahindra & Mahindra on Monday, September 29, said it will sell its Finnish combine harvesters and forestry machines arm Sampo Rosenlew Oy to TERA for over ₹50 crore.
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The company has entered into a share purchase agreement (SPA) with Tera Yatirim Teknoloji Holding Anonim Sirketi (TERA), under which it has agreed to sell its entire stake in Sampo Rosenlew Oy, a wholly owned subsidiary to TERA, Mahindra and Mahindra Ltd (M&M) said in a regulatory filing.

The consideration to be received by the company from TERA is EUR 50,00,000 (approximately ₹52 crore at the prevailing foreign exchange rate), it added.

The transaction is expected to be completed on October 6, 2025. Consequent to completion of the aforesaid transaction, Sampo would cease to be a wholly owned subsidiary of the company, M&M said, adding that this transaction aligns with its focus on opportunities that best position it for long term success.

"By transitioning its ownership of Sampo to a new owner, the company believes it will enable Sampo to pursue new pathways for innovation and growth building on its rich heritage and understanding of the Finnish market," the company said in an exchange filing.

M&M share price

Shares of Mahindra and Mahindra settled 1.08% higher at ₹3,433.10 apiece on the National Stock Exchange (NSE). However, the announcement came after market hours.

Over the last five trading sessions, Mahindra and Mahindra shares declined 5.63%. On the other hand, the stock gained 7.30% in the last month. Further, the scrip advanced 30.15% over the past six months, and also zoomed 11.39% on a year-to-date basis.

The stock touched its 52-week high of ₹3,723.80 on September 9, 2025 and its 52-week low of ₹2,425 on April 7, 2025. The company’s market capitalisation stands at ₹4,26,915.88 crore as recorded on September 29.

M&M Q1 results

Mahindra & Mahindra (M&M) had reported a consolidated net profit of ₹4,083 crore for the quarter ended June 30 as compared to ₹3,282 crore in the same quarter of the previous fiscal year, clocking a growth of 24%.

The company’s revenue from operations also increased 23% year-on-year (YoY) to ₹45,436 crore as compared to ₹37,010 crore in the corresponding quarter of the previous fiscal year.

Its operating profit, which is also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), jumped 15.6% at the end of the quarter to ₹8,135 crore as against ₹7,036 crore in Q1 FY25. The margin, however, contracted to 18% in Q1 FY26 in contrast to 19% YoY.

About Mahindra

Established in 1945, the Mahindra Group is among the largest and most respected multinational federations of companies, employing 260,000 people across 100+ countries. The Group also has a significant presence in renewable energy, agriculture, logistics, hospitality, and real estate.

With inputs from PTI.
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About The Author

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Kadambari Modhave is a writer with around 6 years of experience in the BFSI sector. She covers business and personal finance news.

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