Buses Corporate Trucks

SML Mahindra to Acquire Mahindra Truck & Bus Division, Creating Unified CV Business

The Board of Directors of SML Mahindra Limited (SML) has approved the acquisition of Mahindra Truck & Bus Division (“MTBD”) from Mahindra & Mahindra Limited (M&M) on a slump sale basis. The transaction is expected to be completed during FY2027. The acquisition marks a significant milestone in SML’s growth journey and represents a strategic step […]