July 24, 2014 1:04 AM ET

Construction and Engineering

Company Overview of Mahindra Engineering Services Limited

Company Overview

Mahindra Engineering Services Limited provides engineering and design consulting services to automotive, aerospace, defense, and manufacturing industries. It offers vehicle development services in various automotive segments that include two-wheeler, passenger car, commercial vehicle, off-highway, farm and construction, and aerospace equipment in body engineering, chassis design, powertrain, interior trims, electronics, telematics, and tool design domains. The company provides services in the areas of concept engineering, design and development, virtual validation, prototyping and testing, manufacturing support, program management, value engineering, and staffing solutions. It also handles m...

Embassy Tech Zone- SEZ

Rajiv Gandhi Infotech Park

Pune,  411057

India

Founded in 1995

Phone:

91 20 4021 9000

Fax:

91 20 4021 9099

Key Executives for Mahindra Engineering Services Limited

Chief Executive Officer and Director
Chief Financial Officer
Chairman
Age: 65
Head of Delivery Operations
Age: 48
Chief Human Resource Officer
Age: 49
Compensation as of Fiscal Year 2014.

Mahindra Engineering Services Limited Key Developments

Mahindra Engineering Services Limited, Board Meeting, Nov 29, 2013

Mahindra Engineering Services Limited, Board Meeting, Nov 29, 2013. Agenda: To consider the merge of the company with Tech Mahindra.

Tech Mahindra Mulls Subsidiary's Sale

Tech Mahindra Limited permits its information technology businesses to explore strategic options including sale or merger with an outside entity or to merge with Mahindra Satyam-Tech Mahindra. These businesses include Bristlecone, Ltd. and Mahindra Engineering Services Limited. Tech Mahindra has mandated investment bankers for this restructuring, said sources directly familiar with the matter. The source said, "The mandate is that Bristlecone should be either bought out by the Mahindra Satyam -TechMahindra combine or be sold to an outside entity. It also has two options - either it can continue and become a focused engineering services company through a merger or acquisition or it can be merged with Tech Mahindra-Satyam combine." Sources added that there are several firms that are have shown interest in Bristlecone, but nothing has been formalized as yet. Further no decision has been taken on whether it will be divested or merged with Tech Mahindra-Satyam. An investment banking source said the chances of Mahindras trying to retain Bristlecone under Tech Mahindra was the most likely outcome, but this has to be decided through the boards of Satyam and Tech Mahindra.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 29, 2013
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