The Indian automaker currently has 3% market share in Truck & Bus segments, which it aims to scale to 6%, with a long-term ...

Under the agreement, M&M will acquire the 43.96% stake held by Sumitomo Corporation and a 15% stake held by Isuzu Motors Ltd, ...

M&M is keen to use its expertise in the EV space for SML’s foray and expansion in the electric bus segment. (Image/X) The board of M&M on Saturday approved a proposal to acquire a 59% stake in ...

Mahindra & Mahindra expands commercial vehicle portfolio with 58.96% stake acquisition in SML Isuzu,targeting growth in heavy ...

M&M will acquire Sumitomo Corp’s promoter stake of nearly 59 per cent in SML Isuzu for ₹555 crore. Anand Mahindra-led auto major will also make an open offer in accordance with SEBI rules.

SML has a market leading position in the ILCV Buses segment ... a unified supplier and network base, and better plant ...

Shares of heavy vehicle maker SML Isuzu Ltd. crashed to the 10 percent lower circuit upon opening for trade on April 28, after auto giant Mahindra & Mahindra Ltd. (M&M) announced it would acquire ...

Shares of heavy vehicle maker SML Isuzu Ltd hit a lower circuit of 10% in early deals after auto major Mahindra & Mahindra said it would buy stake in the firm. M&M inked an agreement to acquire a ...

SML has a market-leading position in the ILCV Buses segment ... a unified supplier and network base, and better plant utilization. Together, we are well-positioned to scale rapidly and drive ...