SML Mahindra Ltd

SML Mahindra Annual General Meeting

SML Mahindra's shareholders approved the acquisition of Mahindra & Mahindra’s truck and bus division via a slump sale through a postal ballot.

SML Mahindra Business Update

SML Mahindra Ltd reported August 2026 sales of 1,175 vehicles, a 40% increase over the 842 vehicles sold in August 2025.

SML Mahindra Other Announcement

SML Mahindra Limited has made the Business Valuation Report and Fairness Opinion, referenced in its August 7, 2026 Postal Ballot Notice, available on its website.

SML Mahindra Merger & Restructuring Worth ₹525 Cr

SML Mahindra Limited issued a postal ballot notice seeking shareholder approval for the slump sale acquisition of Mahindra & Mahindra's Truck and Bus Division for ₹525 Crore.

Value

₹525.0 Cr

SML Mahindra Annual General Meeting

SML Mahindra issued a postal ballot notice seeking shareholder approval for acquiring the Truck and Bus Division of Mahindra & Mahindra for Rs. 525 Crore.

Value

₹525.0 Cr

SML Mahindra Business Update

SML Mahindra Limited reported total sales of 1,603 vehicles for July 2026, a 12% increase compared to the 1,427 vehicles sold in July 2025.

SML Mahindra Legal & Regulatory

SML Mahindra won an income tax appeal for AY 2016-17, resulting in the nullification of a previously imposed Rs 0.12 Crore tax penalty.

Value

₹0.12 Cr

SML Mahindra Merger & Restructuring Worth ₹525 Cr

SML Mahindra Ltd will acquire Mahindra & Mahindra's Truck and Bus Division via slump sale. The transaction is valued at ₹525 Crore.

Value

₹525.0 Cr

Execution

on or before 31st January, 2027

SML Mahindra Annual General Meeting

SML Mahindra Limited held its 42nd Annual General Meeting on July 21, 2026. Shareholders considered financial statements, final dividend declaration, and other business agenda items.

SML Mahindra Investor Presentation: Key Takeaways

SML Mahindra delivered record performance in FY26 following Mahindra's acquisition. Management aims for industry leadership in ILCV buses and a top 3 position in ILCV trucks.

SML Mahindra Q1 FY27 Results: Net Profit ₹63.6 Cr, Down 5.1% YoY

SML Mahindra Ltd reported revenue from operations of ₹957.5 Cr (+13.2% YoY) and net profit of ₹63.6 Cr (-5.1% YoY) for Q1 FY27.

Key figure

Net profit ₹63.6 Cr · -5.1% YoY

SML Mahindra Business Update

SML Mahindra Ltd reported June 2026 production, sales, and export figures for commercial vehicles. The update provides operational metrics without financial value.

SML Mahindra Board Meeting Date

SML Mahindra scheduled a board meeting for July 20, 2026. The meeting will consider the Q1 FY 2026-27 unaudited financial results.

SML Mahindra Management Change

SML Mahindra announced Dr. V. Srinivas's exit as Executive Director & CEO on 30 June 2026. New KMP contacts are Vinod K. Sahay, Pushkar Patwardhan and Parvesh Madan.

SML Mahindra Board Meeting Outcome

Board of SML Mahindra appointed Vimal Agarwal as internal auditor from 1 July 2026. The board also ceased K.N. Vaidyanathan on 30 June 2026.

SML Mahindra Other Announcement

SML Mahindra Ltd provided shareholders with web-links to access the Annual Report and Notice for the 42nd Annual General Meeting.

SML Mahindra Annual Report

SML Mahindra Limited filed its Annual Report for the financial year 2026. The filing includes the notice for the 42nd Annual General Meeting.

SML Mahindra Annual General Meeting

SML Mahindra convened its 42nd AGM for July 21, 2026. Key agenda items include declaring a Rs. 23.50 dividend and approving material related party transactions.

SML Mahindra Business Update

SML Mahindra submitted its Business Responsibility and Sustainability Report for FY 2025-26. The filing provides comprehensive non-financial operational and ESG disclosures.

SML Mahindra Annual General Meeting

SML Mahindra scheduled its 42nd AGM for July 21, 2026. The meeting proposes a final dividend totaling ₹34.01 crore.

Value

₹34.01 Cr

SML Mahindra Management Change

Dr. Venkataraman Srinivas will step down as Executive Director & CEO effective 30th June 2026. The Executive Chairman will assume additional responsibilities until a new CEO is appointed.

SML Mahindra Business Update

SML Mahindra reported a 15% year-on-year growth in total sales for May 2026. Growth was driven by strong passenger vehicle demand despite cargo vehicle declines.

SML Mahindra Promoter Selling

Promoter group entity Navodya Enterprises sold 9,923 shares of SML Mahindra via the open market. This reduced its aggregate holding from 10.8696% to 10.8010%.

SML Mahindra Business Update

SML Mahindra reported April 2026 sales of 1,711 units, up from 1,492 units year-on-year. Production and exports also increased, showing healthy operational momentum.

SML Mahindra Other Announcement

SML Mahindra Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. Issued by M/s A. Arora & Co., the report confirms the company's compliance with SEBI listing regulations and circulars, reporting no deviations or violations during the review period.

SML Mahindra Business Update

SML Mahindra reported total sales of 1,741 units for April 2026, a 15% increase year-on-year. Passenger vehicle sales grew 19% to 1,331 units, while cargo vehicle sales rose 5% to 410 units compared to April 2025.

Execution

April 2026

SML Mahindra Earnings Call: Key Takeaways

SML Mahindra Q4 FY26 analyst call highlights 18% annual revenue growth and 31% PAT increase following the Mahindra acquisition. Strategy focuses on synergy projects and top 3 ILCV market positioning.

SML Mahindra Dividend

SML Mahindra Limited recommended a final dividend of ₹235 per equity share for FY 2025-26. The record date is set for July 3, 2026, with payment scheduled by August 19, 2026, subject to shareholder approval at the AGM on July 21, 2026.

SML Mahindra Management Change

SML Mahindra Limited appointed Mr. K.N. Vaidyanathan as Internal Auditor for a 12-month term effective April 21, 2026. He succeeds M/s. S. Tandon & Associates LLP, whose tenure concluded on April 20, 2026. Mr. Vaidyanathan, an IIM-A alumnus and former SEBI Executive Director, brings over 25 years of financial services experience.

Execution

12 months

SML Mahindra Earnings Call: Key Takeaways

SML Mahindra delivered strong FY26 performance following its acquisition by Mahindra, focusing on integrating operations and targeting a top 3 position in India's ILCV segment.