Acquisitions4 Aug 2025, 10:14 am
Mahindra & Mahindra Acquires Major Stake in SML Isuzu Ltd
AI Summary
Mahindra & Mahindra Ltd (M&M) has acquired a significant stake in SML Isuzu Limited. The acquisition was completed on 1st August 2025, post the execution of share purchase agreements with Sumitomo Corporation and Isuzu Motors Limited. M&M has acquired 63,62,306 equity shares constituting 43.96% of the equity share capital of the Target Company from Sumitomo Corporation, and 21,70,747 equity shares constituting 15.00% of the equity share capital of the Target Company from Isuzu Motors Limited.
Key Highlights
- Mahindra & Mahindra Ltd has acquired a significant stake in SML Isuzu Limited.
- The acquisition was completed on 1st August 2025.
- M&M has acquired 43.96% of the equity share capital of SML Isuzu Ltd from Sumitomo Corporation.
- M&M has also acquired 15.00% of the equity share capital of SML Isuzu Ltd from Isuzu Motors Limited.
- This acquisition makes Mahindra & Mahindra a promoter of SML Isuzu Limited.