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Sml Isuzu Limited ( (IN:SMLISUZU) ) has issued an update.
Mahindra & Mahindra Limited (M&M) has completed a significant acquisition of SML Isuzu Limited by purchasing a total of 85,33,053 equity shares, which constitutes 58.96% of the company’s equity share capital. This acquisition, executed through agreements with Sumitomo Corporation and Isuzu Motors Limited, positions M&M as a major stakeholder in SML Isuzu, potentially impacting the company’s market strategy and operations.
More about Sml Isuzu Limited
SML Isuzu Limited operates in the automotive industry, primarily focusing on the manufacture and sale of commercial vehicles. The company is known for its range of trucks and buses, catering to both domestic and international markets.
Average Trading Volume: 16,618
Technical Sentiment Signal: Buy
Current Market Cap: 50.21B INR
Learn more about SMLISUZU stock on TipRanks’ Stock Analysis page.