Mahindra & Mahindra will sell its truck and bus division to subsidiary SML Mahindra for Rs 525 crore, aiming to streamline its commercial vehicle operations under one entity.
The deal will be executed by 2027
Jul 29, 2026
03:44 pm
What's the storyMahindra & Mahindra has announced the sale of its Truck and Bus Division (MTBD) to SML Mahindra for ₹525 crore.
The strategic move is aimed at streamlining the group's commercial vehicle operations into a single entity, enhancing efficiency and growth potential.
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