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An announcement from Mahindra & Mahindra Ltd. ( ($IN:M&M) ) is now available.
Mahindra Susten, the cleantech arm of Mahindra & Mahindra Ltd., has appointed Avinash Rao as the new Managing Director and CEO, effective September 24, 2025. This strategic leadership change is aimed at driving Mahindra Susten’s ambitious growth strategy and expanding its diversified renewable energy portfolio. The company is a key player in India’s renewable energy transition, with a strong focus on sustainability and ESG practices. Avinash Rao’s extensive experience in the energy sector is expected to enhance the company’s operational excellence and create long-term value for stakeholders. The appointment has been positively received by stakeholders, including the Ontario Teachers’ Pension Plan, a long-term investor in Mahindra Susten.
More about Mahindra & Mahindra Ltd.
Mahindra & Mahindra Ltd. is a prominent player in the renewable energy sector through its subsidiary, Mahindra Susten. The company is involved in the production of solar, wind, and hybrid energy solutions, and is actively expanding its capabilities in energy storage and integrated renewable energy solutions. It has commissioned over 1.6 GW of projects and has a pipeline of nearly 3.6 GW, focusing on Commercial & Industrial solutions.
Average Trading Volume: 132,711
Current Market Cap: 4231.2B INR
For a thorough assessment of M&M stock, go to TipRanks’ Stock Analysis page.