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 ...

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 ...

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 ...

Dr Anish Shah, Group CEO & MD of the Mahindra Group, said, "The acquisition of SML Isuzu marks a significant milestone in Mahindra Group's vision of delivering 5x growth in our emerging businesses.

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 ...

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 ...

Shreve Memorial Library is sponsoring the Second Grade Reading Adventure at ArtBreak, a week-long celebration of the arts in Caddo Parish Public Schools. The 6th Annual Shreve Memorial Library ...

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 & 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 ...

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 ...