Mahindra Acquires Controlling Stake in SML Isuzu

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  • #10185

    SKPURI
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    Mahindra & Mahindra will acquire a 58.96% stake in SML Isuzu for ₹555 crore, including a mandatory open offer.
    This move boosts Mahindra’s position in the commercial vehicle market, especially in the intermediate light commercial vehicle (ILCV) segment, where SML currently holds a 16% market share.

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