SML Isuzu Limited — Board Meeting, 22-07-2025: Outcome of Board Meeting

SML Isuzu has announced a board meeting where they approved the financial results for the quarter ended June 30, 2025. The company reported revenue from operations of Rs 845.89 Cr and a profit of Rs 66.96 Cr for the period.

A major development: Mahindra & Mahindra is set to acquire significant stakes. M&M will purchase 43.96% from Sumitomo Corporation and 15% from Isuzu Motors at Rs 650 per share. An open offer for 26% of shares at Rs 1,554.60 per share is also underway, with Competition Commission of India approval secured. An internal review found no evidence of financial impropriety or fraud following anonymous complaints.