Mahindra & Mahindra Buys 59% Stake In SML Isuzu For Rs 555 Crore
Mumbai: Mahindra and Mahindra (M&M) has completed the acquisition of a 58.96 per cent controlling stake in SML Isuzu Limited for Rs 555 crore. Following regulatory approvals, the company will be renamed ‘SML Mahindra Limited’. In April 2025, M&M had signed an agreement to buy this stake at Rs 650 per share. The acquisition includes…
