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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.
Mahindra & Mahindra (M&M) has sought approval from the Competition Commission of India to acquire majority stake in ...
Mahindra & Mahindra Limited has made a strategic acquisition of a 58.96% stake in SML Isuzu Limited for ₹555 crore. This ...
Company's cargo vehicles sales jumped 77.6 percent at 389 units and passenger vehicles sales rose 34.2 percent at 1123 units.
The open offer will be for 1,554.6 rupees per share. "The acquisition of SML Isuzu marks a significant milestone in Mahindra Group's vision of delivering 5x growth in our emerging businesses ...
Currently, M&M has a minuscule marketshare of round 3% of India’s MHCV market. With this strategic buyout, the company aims ...
Incorporated in Jul.83, SML Isuzu Ltd was formerly incorporated in July, 1983 in the name of Swaraj Vehicles Limited. The name of the Company was changed from Swaraj Mazda Limited to SML Isuzu ...
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 ...
SML Isuzu, operating in the Auto - LCVs/HCVs sector and classified as a Smallcap on the BSE, currently has its share price at ₹1567. The stock has experienced fluctuations today, with a low of ...
Mahindra & Mahindra (M&M) has sought CCI approval to acquire a majority stake in commercial vehicle maker SML Isuzu, ...
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