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Isuzu to transfer shares in Indian affiliate SML Isuzu Limited to Mahindra
On April 28, Isuzu Motors Limited announced its decision to transfer all shares it holds in its Indian affiliate SML Isuzu Limited which assembles and distributes commercial vehicles (hereinafter “SML-I”) to Mahindra & Mahindra Limited, which manufactures and sells passenger and commercial vehicles as well as tractor....
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