Mahindra & Mahindra (M&M), a passenger, commercial and utility vehicles maker, announced that the company, as part of its efforts to align its production with sales requirements, may observe on a need basis, 1 to 7 days in a month as 'No Production Days' at some of its automotive and/or tractor plants and /or Chakan plant of its wholly owned subsidiary Mahindra Vehicle Manufacturers during the period upto March, 2015.

The management does not envisage any adverse impact on the availability of products in the market due to adequacy of stocks to serve the market requirements.

Shares of the company declined Rs 32.9, or 2.63%, to trade at Rs 1,219.35. The total volume of shares traded was 21,211 at the BSE (11.33 a.m., Wednesday).