M&M arm SsangYong Motor Co misses loan repayments worth around Rs 408 cr
Updated : December 15, 2020 12:27 PM IST
In April this year, M&M said its board had rejected a proposal to inject any fresh equity into SYMC.
Mahindra had acquired the loss-making SYMC in 2010 but failed to turn it around since then despite several attempts.
M&M holds nearly 75 percent in the Korean company.