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 ...

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 ...

Under the agreement, M&M will acquire the 43.96% stake held by Sumitomo Corporation and a 15% stake held by Isuzu Motors Ltd, a public shareholder in SML. Mahindra & Mahindra Ltd (M&M) has ...

Shares of heavy vehicle maker SML Isuzu Ltd. crashed to the 10 percent lower circuit upon opening for trade on April 28, after auto giant Mahindra & Mahindra Ltd. (M&M) announced it would acquire ...

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 ...

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 ...

Mahindra & Mahindra (M&M) on Saturday announced plans to acquire a 58.96% stake in SML Isuzu for Rs 555 crore. The move aims to expand its footprint in the commercial vehicle space. As part of the ...

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 ...

Shares of heavy vehicle maker SML Isuzu Ltd hit a lower circuit of 10% in early deals after auto major Mahindra & Mahindra said it would buy stake in the firm. M&M inked an agreement to acquire a ...

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. In addition ...

At this year’s Nampo Harvest Day, HELLA Automotive is spotlighting its advanced lighting and electronic solutions tailored for the agricultural sector. From the new Antares 9” LED driving ...

"But I say that this will not happen. An NDC government under me will not recognise or accept this SML agreement. The President has hurriedly got KPMG to audit it; whatever audit they will do ...