Mahindra & Mahindra Limited to Acquire 26.00% Stake in SML Isuzu Ltd for INR 1554.60 per Share

Kotak Mahindra Capital Company Ltd, as the Manager to the Offer, has submitted a Detailed Public Statement to BSE regarding the acquisition of up to 37,62,628 fully paid-up equity shares of SML Isuzu Ltd by Mahindra & Mahindra Limited. The acquisition represents 26.00% of the Voting Share Capital of the Target Company at a price of INR 1554.60 per Equity Share. The public announcement was made on April 26, 2025, and the Detailed Public Statement was published on May 5, 2025, in Financial Express, Jansatta, Ajit, and Navshakti newspapers.