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 ...

Sumitomo will offload its 43.96% interest in SML, and Isuzu its 15% stake, under terms announced Monday by the Japanese companies. Mahindra & Mahindra says the deal is valued at 5.55 billion ...

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 & 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 ...

SML Isuzu's vehicle sales surge 24% in March, shares rise 7% SML Isuzu overall sold 14,221 units in FY25, over 3 percent higher than the 13,797 units sold in the previous financial year.

SML Center looking to Westlake Cinema to build a future hub for education, entertainment and community engagement for the community while still keeping the theaters tradition of showing movies.