Mahindra & Mahindra has finalized its acquisition of a 58.96% controlling stake in SML Isuzu for Rs 555 crore, renaming it 'SML Mahindra Ltd.' This move aims to significantly expand M&M's presence ...

As part of the transaction, M&M would also launch a mandatory open offer for acquisition of up to 26% stake from eligible public shareholders of SML in accordance with the SEBI Takeover Regulations.