SML Mahindra's board on Wednesday approved the acquisition of the Mahindra Truck and Bus Division from parent Mahindra & Mahindra.

Vinod Sahay, Chairman of SML Mahindra said the company plans to retain both Mahindra and SML brands while using shared ...

SML Mahindra has a strong heritage and pan-India presence in the trucks & buses segment. The company has a market capitalisation of more than ₹6,600 crore.

M&M to sell truck, bus division to SML Mahindra for Rs 525 crore; transaction simplifies Mahindra Group's commercial vehicle business structure by consolidating truck and bus operations under SML Mahi ...

Merger simplifies group’s commercial vehicle business structure, says Group CEO & MD Anish Shah; SML Mahindra aims for 12 percent market share and Rs12,500 crore revenue by FY31 ...

Mahindra aims to boost its commercial vehicle market share to 10-12% by FY31 through the SML acquisition and new product ...