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.
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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 Ltd reported August 2026 sales of 1,175 vehicles, a 40% increase over the 842 vehicles sold in August 2025.
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 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.
SML Mahindra issued a postal ballot notice seeking shareholder approval for acquiring the Truck and Bus Division of Mahindra & Mahindra for Rs. 525 Crore.
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 won an income tax appeal for AY 2016-17, resulting in the nullification of a previously imposed Rs 0.12 Crore tax penalty.
SML Mahindra Ltd will acquire Mahindra & Mahindra's Truck and Bus Division via slump sale. The transaction is valued at ₹525 Crore.
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 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 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.
SML Mahindra Ltd reported June 2026 production, sales, and export figures for commercial vehicles. The update provides operational metrics without financial value.