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SML Isuzu Shares Hit Lower Circuit As Mahindra's Buyout Bid Fails To Cheer InvestorsIn line with SEBI regulations, M&M will also launch a mandatory open offer to acquire up to 26% of SML's shares at ₹1,554.6 per share. Notably, the open offer price is at a steep 13% discount to ...
SML Isuzu, operating in the Auto - LCVs/HCVs sector and classified as a Smallcap on the BSE, currently has its share price at ₹1567. The stock has experienced fluctuations today, with a low of ...
The SML Isuzu acquisition is strategically aimed at growing market share in the truck and bus segments, while also achieving greater cost efficiencies in the tractor segment, said Mahindra ...
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 ...
Along with EVs, the SML Isuzu stake buy will also give Mahindra ... its strategy to focus only on Light Commercial Vehicles (CVs up to 3.5 tons) and Intermediate Commercial Vehicles (CVs with ...
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