Tuesday, September 3, 2024

Classic Legends may hit the IPO route in FY27, co to focus on ramping up volumes

Classic Legends, backed by Mahindra & Mahindra, plans to launch an IPO in the financial year starting April 1, 2026. The company, which manufactures Jawa, Yezdi, and BSA motorcycles, aims to boost production and expand its network. Despite low sales volumes, it has achieved profitability and plans further investments.

from Auto-Industry-Economic Times https://ift.tt/G31IKmR

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