SML ISUZU LIMITED

SML Mahindra Ltd reported its sales figures for June 2026, showing a 3% increase in total sales to 1930 units compared to the same period last year. Passenger vehicle sales saw a significant jump of 13%, reaching 1575 units, while cargo vehicle sales declined by 26% to 355 units. For the April-June 2026-27 period, total sales grew by 10% to 5438 units, driven by a 19% increase in passenger vehicles and a 13% decrease in cargo vehicles.

SML Mahindra Ltd has announced the closure of its trading window from July 1, 2026, to July 23, 2026. This closure is in anticipation of the Board of Directors' meeting scheduled for July 20, 2026, where the Unaudited Financial Results for the first quarter of FY 2026-27, ending June 30, 2026, will be considered and approved. In accordance with SEBI regulations and the company's insider trading code, all designated persons and their immediate relatives are prohibited from trading in the company's equity shares during this period. The company has also updated its website with this information.

SML Mahindra Ltd has announced that its Board of Directors will convene on July 20, 2026, to consider and approve the Unaudited Financial Results for the first quarter of FY 2026-27, ending June 30, 2026. In line with SEBI regulations and the company's insider trading code, the trading window will be closed from July 1, 2026, to July 23, 2026, prohibiting dealings in the company's equity shares by designated persons and their immediate relatives. The company will also upload this intimation on its website.

SML Mahindra Ltd has updated its authorized Key Managerial Personnel (KMP) for determining materiality of events and making disclosures to stock exchanges, effective July 1, 2026. This follows the cessation of Dr. Venkataraman Srinivas as Executive Director & CEO on June 30, 2026. The revised list includes Mr. Vinod Kumar Sahay (Executive Chairman), Mr. Pushkar Patwardhan (Chief Financial Officer), and Mr. Parvesh Madan (Company Secretary & Compliance Officer), along with their contact details. The company has also uploaded this intimation on its website.

SML Mahindra Limited announced the appointment of Mr. Vimal Agarwal as the new Internal Auditor, effective July 1, 2026. This follows the cessation of Mr. K. N. Vaidyanathan upon conclusion of his term. Mr. Agarwal, a Chartered Accountant and MBA with 25 years of experience, has held significant finance and strategy roles at PepsiCo India, Mahindra Lifespaces, and Mahindra Holidays & Resorts. His appointment aligns with his role as Group Chief Internal Auditor of the holding company, Mahindra & Mahindra Limited.

SML Mahindra Limited announced changes to its internal audit function following a Board of Directors meeting held on June 30, 2026. Mr. K. N. Vaidyanathan's term as Internal Auditor concluded on June 30, 2026, coinciding with the conclusion of his term as Group Chief Internal Auditor of the holding company, Mahindra & Mahindra Limited. The Board approved the appointment of Mr. Vimal Agarwal as the new Internal Auditor, effective July 1, 2026. Mr. Agarwal's appointment is linked to his new role as Group Chief Internal Auditor of Mahindra & Mahindra Limited. The filing includes detailed information about both individuals as required by SEBI LODR Master Circular.

SML Mahindra Ltd has released its Annual Report for the financial year ended March 31, 2026. The report includes the Directors' Report, Audited Financial Statements, Independent Auditors' Report, and the Notice of the 42nd Annual General Meeting (AGM). The 42nd AGM is scheduled for July 21, 2026, at 11:30 AM IST, to be conducted via Video Conferencing. The report also highlights CSR initiatives for 2025-2026, including support for school infrastructure renovation, flood-affected areas, and underprivileged girls, alongside medical infrastructure upgrades. Key personnel like the Executive Chairman, Executive Director & CEO, CFO, and Company Secretary are listed, along with statutory auditors and bankers.

SML Mahindra Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report details the company's operations, employee data, and market reach. Key business activities include manufacturing and sale of commercial vehicles, accounting for 93% of turnover, with cargo vehicles contributing 24% and passenger vehicles (buses) 69%. The company serves 28 Indian states and 8 union territories, along with 10 international markets. Employee data shows a total of 2,759 employees and workers, with a significant majority being permanent. The report also highlights the participation of women in leadership roles and data on differently-abled employees and workers.

SML Mahindra Ltd has announced its 42nd Annual General Meeting (AGM) will be held on Tuesday, July 21, 2026, at 11:30 AM IST via Video Conferencing. The agenda includes adopting the Audited Financial Statements for FY26, declaring a final dividend of ₹23.50 per equity share, re-appointing Ms. Mahima Chugh as a director, and approving material related party transactions with Mahindra & Mahindra Ltd, not exceeding ₹719.51 crores for FY27.

SML Mahindra Ltd announced that Dr. Venkataraman Srinivas will cease to be Executive Director & CEO effective June 30, 2026, due to his transition to a new role within the Mahindra Group. Executive Chairman Mr. Vinod Kumar Sahay will assume additional responsibilities until a new CEO is appointed. The board meeting, held on June 10, 2026, approved this change based on the Nomination and Remuneration Committee's recommendation. Dr. Srinivas will also cease to be a Director and Key Managerial Personnel.