Mahindra to integrate truck, bus manufacturing under SML Mahindra
Representational image only. File | Photo Credit: The Hindu The Board of Directors of SML Mahindra Limited (SML) on Wednesday (July 29, 2026) approved the acquisition of Mahindra Truck and Bus Division (MTBD) from Mahindra & Mahindra Limited (M&M) as a going concern through a slump sale for ₹525 crore, subject to working capital adjustments. …
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