MAHINDRA & MAHINDRA LTD. - Mahindra & Mahindra Ltd reply to clarification sought by the exchange

The Exchange had sought clarification from Mahindra & Mahindra Ltd with respect to news article appearing in DNA Money on February 26, 2015 titled "M&M wants to milk dairy sector; eyes up to Rs. 750 crore buyout"<BR><BR>Mahindra & Mahindra Ltd replied stating "The Company wishes to clarify that the article referring to a Senior Official of the Company commenting about the investment size, brand name and supply chain on the sidelines of a CII - organized SME summit is incorrect. This news item is very generic in nature and the Company will not be in a position to comment on the same. <BR><BR>As in the past, the Company would continue to inform stock exchanges about any price sensitive information before the same is made public."