Mahindra & Mahindra Ltd. has recently made a significant strategic decision by acquiring about 59% stake in SML Isuzu for a whopping Rs 555 crore. This acquisition involves purchasing shares at Rs 650 each, which includes Sumitomo Corporation’s 44% stake and Isuzu Motors’ 15% stake. This move has led to a mandatory open offer for public shareholders. This acquisition is expected to strengthen Mahindra & Mahindra’s position in the commercial vehicle segment in India. SML Isuzu, formerly known as Swaraj Mazda, is a key player in the commercial vehicle industry, specializing in manufacturing buses and trucks. With this acquisition, Mahindra & Mahindra aims to expand its presence and market share in the commercial vehicle sector in the country. This development aligns with Mahindra & Mahindra’s strategic growth plans and further consolidates its position in the Indian automotive market. The deal is subject to regulatory approvals and is expected to enhance Mahindra & Mahindra’s capabilities and offerings in the commercial vehicle segment. This acquisition is a significant milestone for Mahindra & Mahindra and is likely to have a positive impact on the company’s growth trajectory in India.