Mahindra & Mahindra Ltd. (M&M) has successfully acquired a 58.96 per cent controlling stake in SML Isuzu Ltd. Following the takeover, the company has been renamed SML Mahindra Limited. The strategic ...

While M&M will be acquiring 43.96% stakes from Sumitomo Corp’s promoter and 15% stake from its public shareholder, Isuzu Motors, it will also launch an open offer in accordance with the SEBI Takeover ...

Shares of heavy vehicle maker SML Isuzu Ltd. crashed to the 10 percent lower circuit upon opening for trade on April 28, after auto giant Mahindra & Mahindra Ltd. (M&M) announced it would acquire a ...

Mahindra & Mahindra Ltd on Saturday announced that it has agreed to acquire a 58.96% stake in SML Isuzu Ltd (SML) at Rs 650 per share, which is an outlay of Rs 555 crore. In addition, M&M will make an ...

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 ...

TOKYO -- Major Japanese trading house Sumitomo Corp. and compatriot Isuzu Motors have agreed to sell their entire stakes in Indian commercial-vehicle joint venture SML Isuzu to local automaker ...

The Office of the Special Prosecutor (OSP) has commenced a search at the offices of Strategic Mobilisation Ghana Limited (SML), according to information available to Myjoyonline. The search being ...

BENGALURU, June 16 (Reuters) - India's JBM Auto (JBMA.NS), opens new tab is the leading contender to acquire a controlling stake in automaker SML Isuzu (SMLI.NS), opens new tab, CNBC-TV18 reported, ...

Mumbai, Aug. 3 -- Mahindra & Mahindra Ltd (M&M) has completed the acquisition of a 58.96% controlling stake in SML Isuzu Ltd (SML), marking a major strategic move to strengthen its presence in the ...