SML Mahindra Limited approves acquisition of Mahindra Truck & Bus Division for ₹525 crore
SML Mahindra · Agricultural, Commercial & Construction Vehicles
Key highlights
- SML Mahindra to acquire Mahindra Truck and Bus Division (MTBD) from Mahindra & Mahindra Limited on a slump sale basis by FY2027
- Acquisition consideration set at ₹525 crore, subject to working capital adjustments, based on BDO Valuation Advisory LLP report
- MTBD sold 14,832 vehicles with ₹2,989 crore turnover in FY2025-26; manufacturing to continue under contract by M&M after acquisition
Why it's rated notable: amount is ₹500 crore or more
Original filing
Board Meeting Outcome for Acquisition Of Mahindra & Mahindra'S Truck And Bus Division By The Company On A Slump Sale Basis Under Business Transfer Agreement
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Aerospace & Defense
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
More from SML Mahindra
- Fundraise / allotmentNotableSML Mahindra Ltd Board approves rights issue up to ₹1450 crore on 6 Nov 2026
- Fundraise / allotmentNotableSML Mahindra approves up to ₹1450 crore rights issue of equity shares
- Fundraise / allotmentNotableSML Mahindra Limited announces Board meeting to approve Rights Issue details
Other acquisition / merger filings this fortnight
- Indo Borax reports H1FY27 consolidated operating income up 16.0% to Rs 129.29 crore
- Manoj Agrawal Acquires 1.00 Crore Shares in Cubical Financial Services Limited
- IndiGrid Infrastructure Trust Q2 FY27 Earnings Conference Call Transcript Released
- Cubical Financial Services Ltd announces promoter reclassification post open offer
- Novus Loyalty Limited approves acquisition of AutoPe Payment Solutions via share swap
- Shish Industries Limited files Composite Scheme of Amalgamation proposal
Potential multibaggers · Q2 FY27
Potential multibaggers in Agricultural, Commercial & Construction Vehicles
on management's own guidance
- Indo Farm EquipmentGood growth2
- BEML LtdGood growth1
- Gurunanak Agriculture IndiaGood growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.