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 ...

TOKYO -- Major Japanese trading house Sumitomo Corp. and compatriot Isuzu Motors have agreed to sell their entire stakes in Indian commercial-vehicle joint venture SML Isuzu to local automaker ...

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 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 ...

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 ...

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 Limited announced on April 26, 2025, that it has entered into a pact with SML Isuzu Limited for acquisition of a 58.96% stake. The company announced that for this transaction ...

India's Mahindra & Mahindra, known for its muscular SUVs and tractors, said on Saturday it had entered into a deal to buy a 58.96% stake in SML Isuzu for 5.55 billion rupees ($65.00 million) to ...

Mahindra expands its commercial vehicle market share to 6 per cent with the Rs 555 crore acquisition of SML Isuzu. Can Mahindra achieve a 12 per cent market share by FY2031? In a major move to ...

NEW DELHI :India's Mahindra & Mahindra, known for its muscular SUVs and tractors, said on Saturday it had entered into a deal to buy a 58.96 per cent stake in SML Isuzu for 5.55 billion rupees ($ ...

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 ...