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Bajaj Holdings & Investment will hold a meeting of the Board of Directors of the Company on 6 August 2025.
Elecon Engineering Company will hold a meeting of the Board of Directors of the Company on 11 July 2025.
Escorts Kubota Agri Machinery Business in June 2025 sold 11,498 tractors registering a growth of 2.2 percent as against 11,245 tractors sold in June 2024.
Domestic tractor sales in June 2025 were at 10,997 tractors as against 11,011 tractors in June 2024. Timely arrival of southwest monsoon, improvement in sown area for the Kharif crops and announcement of higher Minimum Support Prices (MSP) by the Government for the Kharif season have collectively helped in uplifting the farmers' sentiments. Moving forward with prediction of above normal monsoon, higher water reservoir levels, anticipated record kharif harvest and resultant improved liquidity conditions in rural markets, we expect industry will continue to grow in rest of the year as well.
Export tractor sales in June 2025 were at 501 tractors registering a growth of 114.1 percent as against 234 tractors sold in June 2024.
The Board of Directors of Gabriel India has approved a composite scheme of arrangement involving, inter alia, Gabriel India, Asia Investments (AIPL), and Anchemco India (formerly known as Andasia) (Anchemco).
This Scheme will result into vesting of automotive business undertaking of AIPL comprising of business of Anchemco (engaged in manufacturing of brake fluids, radiator coolants, diesel exhaust fluid (DEF) / ad-blue, and PU/ PVC based adhesives) and investments in Dana Anand India (Dana), Henkel ANAND India (Henkel) and ANAND CY Myutec Automotive (ACYM) (Demerged Undertaking) into Gabriel.
Gabriel will issue 1,158 equity Shares of Rs 1 each for every 1,000 equity shares of Rs 10 each held in AIPL to the shareholders of AIPL.
This Scheme will consolidate the business of the Demerged Undertaking of AIPL in automotive components and products like drive train products including transmissions for EVs, Body in White and NVH Products and solutions, brass and steel synchroniser rings, aluminum forgings, brake fluids, radiator coolants and diesel exhaust fluids (DEF) / Ad-Blue for 2W, 3W and 4W vehicles and trucks and PU and PVC based adhesives into Gabriel. This inclusion, together with the recently added sunroof business, will transform Gabriel from a mono-product suspension company into a diversified, technology-driven mobility solutions provider, and reducing the dependency on a single product line by expansion into new segments, geographies, the aftermarket product range, and railways product range.
This arrangement will propel Gabriel to position itself as a preferred global OEM partner, enhance its customer base, embrace futuristic cutting-edge technology and strengthen aftermarket presence through diverse product portfolio. The Scheme will accelerate profitable growth with better margins, creating substantial shareholder value through EPS accretion and higher return on equity.
Novartis India will hold a meeting of the Board of Directors of the Company on 29 July 2025.
Keltech Energies will hold a meeting of the Board of Directors of the Company on 7 July 2025.
Maharashtra Scooters will hold a meeting of the Board of Directors of the Company on 23 July 2025.
Mahindra & Mahindra announced that its overall auto sales for the month of June 2025 stood at 78,969 vehicles, a growth of 14%, including exports.
In the Utility Vehicles segment, Mahindra sold 47,306 vehicles in the domestic market, a growth of 18% and overall, 48,329 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 20,575.
According to Nalinikanth Gollagunta, CEO, Automotive Division, M&M, “In June, we achieved SUV sales of 47,306 units, a growth of 18%, and total vehicle sales of 78,969 units, a 14% growth compared to the same month last year. The quarter ended on a very positive note for us, marking the highest quarter ever for SUVs.”
Rane Holdings will hold a meeting of the Board of Directors of the Company on 12 August 2025.
Tata Motors announced that total sales dropped 11% to 67,475 units in month of June 2025 compared to 75,604 units in June 2024. Total sales include domestic sales of 65,019 units, lower by 12% on YoY basis while international business stood at 2,456 units, higher by 69% on YoY basis.
Total sales comprised of 37,237 passenger vehicle units, lower by 15% on YoY basis and 30,238 commercial vehicle units, lower by 5% on YoY basis.
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