SML Isuzu Limited — Insider Trade, 04-08-2025: Insider/ Institutional Trade
04-08-2025 | 03:00 pm
04-08-2025 | 03:00 pm
Mahindra & Mahindra (M&M) has substantially increased its stake in SML Isuzu. M&M acquired a total of 85.33 lakh equity shares, which translates to 58.96% of SML Isuzu's total equity. This acquisition, completed on August 1, 2025, involved M&M buying shares from Sumitomo Corporation (43.96%) and Isuzu Motors Limited (15.00%) via off-market transfers. As a result of this transaction, M&M has become the promoter of SML Isuzu, marking a significant strategic move for M&M and a change in control for SML Isuzu. This could mean closer integration and strategic alignment between the two companies going forward.
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