{"id":115385,"date":"2025-04-28T02:44:15","date_gmt":"2025-04-27T21:14:15","guid":{"rendered":"https:\/\/vanillanews.com\/index.php\/2025\/04\/28\/mahindra-mahindra-acquires-59-stake-in-sml-isuzu-for-rs-555-crore-triggers-open-offer\/"},"modified":"2025-04-28T02:44:15","modified_gmt":"2025-04-27T21:14:15","slug":"mahindra-mahindra-acquires-59-stake-in-sml-isuzu-for-rs-555-crore-triggers-open-offer","status":"publish","type":"post","link":"https:\/\/vanillanews.com\/index.php\/2025\/04\/28\/mahindra-mahindra-acquires-59-stake-in-sml-isuzu-for-rs-555-crore-triggers-open-offer\/","title":{"rendered":"Mahindra &amp; Mahindra acquires 59% stake in SML Isuzu for Rs 555 crore, triggers open offer."},"content":{"rendered":"<p>Mahindra &amp; Mahindra Ltd., a leading Indian automotive manufacturer, has made a significant strategic decision to acquire a majority stake in SML Isuzu, a commercial vehicle manufacturer based in India. The acquisition involves purchasing approximately 59% of SML Isuzu&#8217;s shares for a total of Rs 555 crore, with each share priced at Rs 650. This move includes buying Sumitomo Corporation&#8217;s 44% stake in SML Isuzu and Isuzu Motors&#8217; 15% stake, which will result in a mandatory open offer for the remaining public shareholders of SML Isuzu. This acquisition is expected to strengthen Mahindra &amp; Mahindra&#8217;s presence in the commercial vehicle segment in India, allowing them to expand their product portfolio and market share. With this strategic acquisition, Mahindra &amp; Mahindra aims to capitalize on the growing demand for commercial vehicles in the country and enhance its competitiveness in the automotive industry. This development signifies a significant milestone for both companies and is expected to have a positive impact on the overall automotive sector in India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mahindra &amp; Mahindra Ltd., a leading Indian automotive manufacturer, has made a significant strategic decision to acquire a majority stake in SML Isuzu, a commercial vehicle manufacturer based in India. The acquisition involves purchasing approximately 59% of SML Isuzu&#8217;s shares for a total of Rs 555 crore, with each share priced at Rs 650. This [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":115386,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120655137imgsize-1570947-2.jpg",1280,720,false],"thumbnail":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120655137imgsize-1570947-2-150x150.jpg",150,150,true],"medium":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120655137imgsize-1570947-2-300x169.jpg",300,169,true],"medium_large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120655137imgsize-1570947-2-768x432.jpg",640,360,true],"large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120655137imgsize-1570947-2-1024x576.jpg",640,360,true],"1536x1536":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120655137imgsize-1570947-2.jpg",1280,720,false],"2048x2048":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/04\/msid-120655137imgsize-1570947-2.jpg",1280,720,false]},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"<a href=\"https:\/\/vanillanews.com\/index.php\/category\/just-in\/\" rel=\"category tag\">JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/115385"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=115385"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/115385\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media\/115386"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=115385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=115385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=115385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}