Vinod Sahay, Chairman of SML Mahindra said the company plans to retain both Mahindra and SML brands while using shared ...
SML Mahindra's board on Wednesday approved the acquisition of the Mahindra Truck and Bus Division from parent Mahindra & Mahindra.
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.
Executed on a slump sale basis, the deal shifts assets, personnel, licenses, and liabilities to SML Mahindra, M&M said in an exchange filing ...
Mahindra aims to boost its commercial vehicle market share to 10-12% by FY31 through the SML acquisition and new product ...
SML Mahindra acquires Mahindra Truck and Bus Division for ₹525 crore, boosting shares by 20% and enhancing commercial vehicle ...
Merger simplifies group’s commercial vehicle business structure, says Group CEO & MD Anish Shah; SML Mahindra aims for 12 percent market share and Rs12,500 crore revenue by FY31 ...
Leading private equity firms FountainVest and CPE join as investors, reflecting strong confidence in SML's strategic direction and future growth SML continues to advance its core capabilities for ...
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