Apr
30
Mahindra to Acquire 58.96 percent Stake in SML Isuzu for Rs 555 Crore to Boost Trucks and Buses Segment
Chandigarh, April 30, 2025: Mahindra & Mahindra Ltd M&M today announced that it has entered into an agreement to acquire 58.96% stake in SML Isuzu Ltd. (“SML”) at INR 650 per share, which is an outlay of INR 555 crore. In addition, M&M will make an open offer in accordance with SEBI Takeover Regulations. The […]