Magzter GOLDで無制限に

Magzter GOLDで無制限に

10,000以上の雑誌、新聞、プレミアム記事に無制限にアクセスできます。

$149.99
 
$74.99/年

試す - 無料

M&M acquires 58.96% stake in SML Isuzu for ₹555 crore

The New Indian Express Vellore

|

April 27, 2025

HOMEGROWN automaker Mahindra & Mahindra (M&M) will acquire a 58.96% stake in SML Isuzu for ₹555 crore at ₹650 per share—a 63% discount to the latter's closing price of ₹1,789 on Friday.

- ARSHAD KHAN @ New Delhi

The deal values SML Isuzu, which had a market capitalization of ₹2,557 crore at the end of last week, at a significant discount.

As part of the transaction, M&M would acquire the entire stake of 43.96% held by Sumitomo Corporation, promoter of SML, and separately also acquire 15% stake held by Isuzu Motors Ltd, public shareholder of SML. M&M would launch a mandatory open offer for the acquisition of up to 26% stake from eligible public shareholders of SML in accordance with the SEBI Takeover Regulations.

The New Indian Express Vellore からのその他のストーリー

The New Indian Express Vellore

The New Indian Express Vellore

Decision to invest in Adani Group companies taken independently: LIC

LIFE Insurance Corporation of India (LIC) on Saturday denied all allegations of infusing money into the Adani Group, as reported by The Washington Post.

time to read

1 min

October 26, 2025

The New Indian Express Vellore

The New Indian Express Vellore

A Rhythm for Reverence

Lavani Ke Rang breaks Lavani away from the popular perception that it is obscene and vulgar, while retaining its sensual spirit

time to read

3 mins

October 26, 2025

The New Indian Express Vellore

Star Trek

India's fascination with the stars continues to inspire curiosity and exploration

time to read

1 min

October 26, 2025

The New Indian Express Vellore

Vimal, Pradosh slam tons for TN vs Nagaland

TAMIL Nadu are in the driver’s seat against Nagaland as they posted 399/2 after Stumps at Day 1 at the BCCI CoE in Bengaluru on Saturday. Tons by R Vimal Khumar (189) and Pradosh Ranjan Paul (156 batting) were the highlights of the day.

time to read

2 mins

October 26, 2025

The New Indian Express Vellore

13 foreign nationals among 20 held as cops raid Gujarat rave party

POLICE raided a farmhouse on the outskirts of Ahmedabad city and arrested 20 people, including 13 African nationals, for allegedly consuming liquor during a late-night party.

time to read

1 mins

October 26, 2025

The New Indian Express Vellore

The New Indian Express Vellore

Looking Backward, Moving Forward

Yesterday, I did something uncharacteristic. Stepping away from the familiar bustle of London, I wandered into Rotherhithe. In the churchyard of St. Mary’s, I encountered a statue that made me stop in awe.

time to read

2 mins

October 26, 2025

The New Indian Express Vellore

Print media ad rates may go up by 27%, notification after Bihar polls

'Television rating system will also be improved'

time to read

2 mins

October 26, 2025

The New Indian Express Vellore

1 held for Maha doctor rape, cop on run

Accused sent to police custody till October 28

time to read

1 mins

October 26, 2025

The New Indian Express Vellore

The New Indian Express Vellore

THE DIPLOMATIC DANCE OF AVOIDANCE

N the glittering corridors of Kuala Lumpur’s convention centres, where Southeast Asia’s leaders will converge to chart a multipolar future, an empty chair will speak volumes. Prime Minister Narendra Modi—the indefatigable globetrotter who has crisscrossed continents to etch India’s imprint on the world—will address the 47th ASEAN Summit and the 22nd ASEAN-India Summit virtually.

time to read

4 mins

October 26, 2025

The New Indian Express Vellore

Link between diabetes & brain health under lens

IT isa known fact that diabetes affects multiple body parts, including the heart, kidneys, eyes, nerves, and feet. But does it influence cognitive decline and neurological diseases, including dementia and Alzheimer’s disease?

time to read

2 mins

October 26, 2025

Listen

Translate

Share

-
+

Change font size