Mahindra aims to boost its commercial vehicle market share to 10-12% by FY31 through the SML acquisition and new product ...

SML Mahindra has a strong heritage and pan-India presence in the trucks & buses segment. The company has a market capitalisation of more than ₹6,600 crore.

SML Mahindra has approved acquiring Mahindra & Mahindra's truck and bus division, consolidating the group's commercial vehicle operations under one company, expected to close by FY27. This expands SML ...

SML Mahindra acquires Mahindra Truck and Bus Division for ₹525 crore, boosting shares by 20% and enhancing commercial vehicle ...

Mahindra & Mahindra Limited has transferred its Trucks and Buses Division (along with its employees, assets, intellectual ...

The rally came after the company's board approved the acquisition of Mahindra Truck & Bus Division (MTBD) from Mahindra & Mahindra Ltd (M&M) for a cash consideration of Rs 525 crore.

Mahindra & Mahindra is in discussions to acquire Sumitomo Corp's 44% stake in SML Isuzu, with the offer expected to value the company at $236 million.

SML Isuzu said that for all school buses subject to the implementation of compliance with new norms 'FAPS' which is part of AIS 153 norms and related to safety of buses, the price increase will be in ...

The price of school buses has gone up due to the implementation of the Fire Alarm and Protection System (FAPS) 0 Commercial vehicles maker SML Isuzu has decided to hike the prices of its truck and ...

Mahindra & Mahindra Ltd. (M&M) have acquired 58.96 per cent stake in SML Isuzu Ltd. (SML) from Sumitomo Corporation, Japan and Isuzu Motors Limited, the company said in a statement on Saturday. As ...