Mahindra & Mahindra Limited (NSEI:M&M) agreed to acquire an additional 17.41% stake in Swaraj Engines Limited (BSE:500407) for INR 2.96 billion on September 20, 2022. Post completion, Mahindra & Mahindra Limited will hold a 52.13% stake in Swaraj Engines. The transaction is expected to be completed by September 30, 2022.