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AgenciesMahindra and Mahindra Mahindra And Mahindra Ltd. (M&M) on Friday announced that its aerospace subsidiary has received de-registration certificate for the liquidation of its Australian unit, MAAPL. Mahindra Aerospace Pvt Ltd (MAPL) has received de-registration certificate for the voluntary liquidation of Mahindra Aerospace Australia Pty Ltd. (MAAPL), the company said in a regulatory filing.On November 8, 2023, M&M announced that MAAPL has decided to exit the aircraft manufacturing business as part of its capital allocation process. Under the liquidation process of MAAPL, the company has received Rs 17.12 crores as distribution of proceeds towards 100% shareholding held by its aerospace unit.In FY25, MAAPL reported Rs 0.48 crores of revenue from operations, with Rs 16.43 crores of net worth, i.e., 0.02% of the consolidated net worth of M&M.Live EventsShares of M&M were trading at Rs 3,508.00 (+7.10) as on 13:11 on October 31, 2025.Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) Read More News onmahindra and mahindra ltdMahindra AerospaceMAAPLaircraft manufacturingMahindra And Mahindraaviation industry newsMahindra Aerospace Pvt LtdMahindra Aerospace Australia Pty LtdM&M (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless (You can now subscribe to our Economic Times WhatsApp channel)Read More News onmahindra and mahindra ltdMahindra AerospaceMAAPLaircraft manufacturingMahindra And Mahindraaviation industry newsMahindra Aerospace Pvt LtdMahindra Aerospace Australia Pty LtdM&M(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless
