ALPHA TRIBE

SML Isuzu LimitedInsider Trade, 04-08-2025: Insider/ Institutional Trade

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.

No comments yet. Be the first to comment!

All announcements from SML Isuzu Limited