Mahindra & Mahindra (M&M) has sought approval from the Competition Commission of India to acquire majority stake in ...

Mahindra & Mahindra (M&M) has sought CCI approval to acquire a majority stake in commercial vehicle maker SML Isuzu, ...

Mahindra & Mahindra Limited has made a strategic acquisition of a 58.96% stake in SML Isuzu Limited for ₹555 crore. This ...

Along with EVs, the SML Isuzu stake buy will also give Mahindra an opportunity to enter the CNG commercial vehicle market. Mumbai: Mahindra & Mahindra (M&M) has made major bets on electrification ...

Mahindra & Mahindra seeks approval to acquire a majority stake in SML Isuzu. The acquisition involves a 58.96% stake for Rs ...

The price fixed for the open offer of SML Isuzu by M&M is at ₹1,554 per share, a 13% discount to Friday's closing price. M&M over the weekend announced that it has entered into an agreement to ...

Company's cargo vehicles sales jumped 77.6 percent at 389 units and passenger vehicles sales rose 34.2 percent at 1123 units.

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. In addition, M&M will ...

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 added 1.42% to Rs 1,547.15 after the company said that it has sold 1,512 units in April 2025, registering a growth of 43.2% from 1,056 units sold in the same period last year.

The SML Isuzu acquisition is strategically aimed at growing market share in the truck and bus segments, while also achieving greater cost efficiencies in the tractor segment, said Mahindra ...