M&M Transfers Truck and Bus Division to SML Mahindra in ₹525 Crore Deal
A significant step towards merging the group’s commercial vehicle businesses has been approved by Mahindra & Mahindra (M&M) with the transfer of its Mahindra Truck and Bus Division (MTBD) to listed subsidiary SML Mahindra for Rs 525 crore. After receiving the necessary clearances from regulators and shareholders, the slump sale is anticipated to close in […]

