SML cited its contribution of more than GH¢20 billion in additional tax revenue from May 2020 to December 2024, crediting its systems for a 92% reduction in discrepancies between GRA and National ...

An amount of GH¢1.06 billion had already been paid to SML by the time the contract was suspended. If allowed to proceed, the total cost to the state was projected to reach GH¢5.17 billion over ...

Mahindra & Mahindra Ltd. has announced its strategic move to acquire approximately 59% stake in SML Isuzu for Rs 555 crore, purchasing shares at Rs 650 each. This acquisition includes Sumitomo ...

Mahindra & Mahindra (M&M) aims to boost its market share in the truck and bus segments by acquiring a 59% stake in SML Isuzu for Rs 555 crore. The move will strengthen M&M's position in the LCV ...

Mahindra SML Isuzu Acquisition: The Indian automaker currently has 3% market share in Truck & Bus segments, which it aims to scale to 6%, with a long-term vision of 20% share by FY36.

SML Isuzu sells the popular brand Swaraj Mazda. Following the acquisition, the company does not intend to use the Swaraj brand, says Anish Shah, MD, Mahindra Group.

SML Isuzu stock slipped 10% to Rs 1590.05 on BSE with its market cap slipping to Rs 2,301.06 crore. On the other hand, Mahindra and Mahindra's stock price rose 1.3 percent to Rs 2,900 on BSE.

Shares of SML Isuzu tumbled 10 percent after Mahindra & Mahindra announced plans to acquire a 58.96 percent stake for Rs 555 crore and launch an open offer.

Mahindra To Acquire SML Isuzu: The acquisition price is ₹650 per share. M&M will also launch an open offer for public shareholders.

Mahindra & Mahindra Ltd. (M&M) said it has entered into an agreement to acquire 58.96% stake in SML Isuzu Ltd. (SML) at ₹650 per share, which is an outlay of ₹555 crore.

Mahindra & Mahindra Ltd on Saturday announced that it has agreed to acquire a 58.96% stake in SML Isuzu Ltd (SML) at Rs 650 per share, which is an outlay of Rs 555 crore.

Mahindra & Mahindra (M&M) will acquire a 58.96% stake in SML Isuzu for Rs 555 crore by buying out shares from Sumitomo Corporation and Isuzu Motors Ltd. The move strengthens M&M’s position in ...