SML Mahindra's commercial vehicle production jumped 39.1% to 1,455 units in December 2025, compared with 1,046 units produced in December 2024.

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 announced ...

The proposed combination is notified under section 5(a)(i)(A) of the Competition Act, 2002, it added. Mahindra & Mahindra (M&M) has sought approval from the Competition Commission of India to acquire ...

In a move set to reshape India's commercial vehicle landscape, Mahindra & Mahindra Ltd (M&M) announced that it will acquire a 58.96% stake in SML Isuzu Ltd (SML) for Rs 555 crore. The deal, struck at ...

Mahindra & Mahindra (M&M) shares are in demand after the auto giant's board clared the acquisition of a 43.96 per cent stake in SML Isuzu Ltd from its promoter Sumitomo Corporation for Rs 413.55 crore ...

Leading commercial vehicle maker and Hinduja group company Ashok Leyland has issued a clarification to an earlier Moneycontrol news report which had said that the company was close to concluding a ...