News

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.
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 ...
On May 14, the Ghana Revenue Authority (GRA) issued a denial of supposed claims that Strategic Mobilisation Ghana Ltd. (SML), had been authorised to expand its revenue assurance role to include ...
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 ...
M&M-SML Isuzu Deal News: Mahindra & Mahindra (M&M) shares jumped on Monday after the auto giant announced the acquisition of a 58.96 per cent stake in SML Isuzu Ltd for Rs 555 crore in a move viewed ...
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.
Stock Market Today: SML Isuzu share price hit the 10% lower circuit on Monday after M&M said it would acquire a majority stake in the company for ₹555 crore.
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.