Mahindra Strengthens Its Commercial Vehicle Portfolio with SML Isuzu Acquisition

Unknown Apr 02, 2026 1,000 Views

Mahindra & Mahindra has made a strategic move in the commercial vehicle segment by acquiring a majority stake in SML Isuzu Ltd. The transaction, worth ₹555 crore, is for the acquisition of 43.96% of its shares from Sumitomo Corporation and a further 15% of shares from Isuzu Motors. ...