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Commercial Vehicles
Acquisitions1 Aug 2025, 10:10 pm

SML Isuzu Ltd: Mahindra & Mahindra Acquires 58.96% Stake, Company to Change Name to SML Mahindra Limited

AI Summary

SML Isuzu Ltd has announced that Mahindra & Mahindra (M&M) has acquired 58.96% stake in the company. This acquisition is a result of the execution of a share purchase agreement between Sumitomo Corporation, M&M, and the company, and another agreement between Isuzu, M&M, and the company. The underlying transactions under both agreements have been consummated on 1st August, 2025. Consequently, M&M has acquired 85,33,053 equity shares representing 58.96% of the share capital of the company. The company has also announced its decision to change its name to SML Mahindra Limited, subject to approval from the Ministry of Corporate Affairs and the Registrar of Companies.

Key Highlights

  • Mahindra & Mahindra acquires 58.96% stake in SML Isuzu Ltd
  • Acquisition is a result of share purchase agreements with Sumitomo Corporation and Isuzu
  • Underlying transactions under both agreements have been consummated on 1st August, 2025
  • SML Isuzu Ltd to change its name to SML Mahindra Limited
  • Change of name subject to approval from Ministry of Corporate Affairs and Registrar of Companies
SMLISUZU
Commercial Vehicles
SML ISUZU LIMITED

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