![M&M's Canada-based associate firm files for winding up; stock drops 3%](https://images.assettype.com/fortuneindia%2F2023-02%2Fcd4d3aa6-f317-4c06-a8de-b465e094c1a9%2FMahindra_00839_copy.jpg?w=300&q=95)
M&M's Canada-based associate firm files for winding up; stock drops 3%
Upon liquidation of Resson Aerospace, M&M is entitled to receive around ₹28.7 crore as distribution of proceeds towards Class C preferred shares held by the company.
Upon liquidation of Resson Aerospace, M&M is entitled to receive around ₹28.7 crore as distribution of proceeds towards Class C preferred shares held by the company.