Mahindra Merges Truck And Bus Division Into SML Mahindra
SML Mahindra's board has approved acquiring the Mahindra Truck and Bus Division from Mahindra & Mahindra on a slump sale basis, targeted for completion in FY2027. The deal consolidates the Mahindra Group's commercial vehicle operations, covering light, intermediate and heavy trucks alongside buses, under a single entity.
Read more