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Mahindra to sell truck and bus division for ₹525cr
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.
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economictimes.indiatimes.com
SML Mahindra to acquire Mahindra’s truck and bus business for Rs 525 crore
In a significant strategic shift, Mahindra & Mahindra plans to hand over its Truck and Bus Division to SML Mahindra for Rs 525 crore. This consolidation is designed to bring the…
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thehindu.com
Mahindra to integrate truck, bus manufacturing under SML Mahindra
SML Mahindra acquires Mahindra Truck and Bus Division for ₹525 crore, boosting shares by 20% and enhancing commercial vehicle operations.
