Mahindra Renault has launched two new variants of its Logan models, one each in
petrol and diesel.
new models, 1.6 GLX, petrol vehicle would be priced at Rs5.35 lakh and 1.5 dCi
DLX diesel model would cost Rs6.11 lakh, Rajesh Jejurikar, managing director of
the company, said.
new variants were being launched in Tamil Nadu first because of huge demand for
the vehicle, he said, adding the company would appoint more dealers all over the
country soon The new variants have adjustable rear-head restraint, truck-room
light, outside mirrors with manual adjustment, front and rear power windows and
central locking systems as the additional features, he said.
Mahindra and Mahindra''s open offer for picking up 20-per cent stake in Swaraj
Engines has received lukewarm response from shareholders, who tendered only 0.6
per cent of their holdings.
open offer was for acquiring 2,483,964 fully paid-up equity shares of Rs10 each,
representing 20 per cent of the outstanding voting equity capital of the Swaraj
Engines at Rs151 per share.
only 7,417 shares were tendered, which amounted to 0.06 per cent stake in Swaraj
Engines, M&M said in a filing with the Bombay Stock Exchange (BSE).