Last Mile Mobility IPO on track for H2 CY27; M&M says SML merger is part of platform strategy

Last Mile Mobility IPO on track for H2 CY27; M&M says SML merger is part of platform strategy

Mahindra merges Truck & Bus with SML (retains 59%) and confirms Last Mile Mobility IPO H2 2027. Platform consolidation strategy over exit signals M&A trend for IT leaders managing enterprise stack and budget allocation.