Mahindra & Mahindra has acquired a 59% stake in commercial vehicle manufacturer SML Isuzu for Rs 555 crore via its subsidiary Mahindra Trucks and Buses Division. Through the acquisition, Mahindra & ...

The Board of Directors of SML Mahindra Limited (SML) on Wednesday (July 29, 2026) approved the acquisition of Mahindra Truck and Bus Division (MTBD) from Mahindra & Mahindra Limited (M&M) as a going ...

New Delhi [India], July 29 (ANI): SML Mahindra Limited has approved the acquisition of the Mahindra Truck & Bus Division (MTBD) from Mahindra & Mahindra Limited (M&M) on a slump sale basis, paving the ...

SML Mahindra Ltd on Wednesday approved the acquisition of Mahindra Truck and Bus Division from Mahindra & Mahindra Ltd for a cash consideration of Rs 525 crore. The proposed acquisition of Mahindra ...

SML Mahindra Limited (SML) is acquiring Mahindra Truck and Bus Division (MTBD) from Mahindra & Mahindra (M&M) for Rs 525 crore to create a unified Truck & Bus business with presence spanning across ...

SML Mahindra Ltd expects its operating margins to recover by the fourth quarter of the current financial year, supported by further price hikes and cost-control measures even as higher input and ...

July 29 (Reuters) - Mahindra & Mahindra said on Wednesday it ‌would transfer its truck ‌and bus business to listed subsidiary SML Mahindra for 5.25 billion rupees ($54.92 million), consolidating the ...