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SML Mahindra, India, to consolidate Mahindra’s truck and bus businesses under single entity
On July 29, SML Mahindra Limited announced that its board of directors has approved the acquisition of Mahindra Truck and Bus Division (MTBD) from Mahindra & Mahindra Limited (M&M) on a slump sale basis. The transaction is expected to be completed during FY 2027 (ending March 31, 2027). It will help to consolidate Ma....
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