FilingReader Intelligence
SML Isuzu directors recommend Mahindra takeover offer
August 5, 2025 at 10:39 AM UTC•By FilingReader AI
SML Isuzu Limited's independent directors have recommended Mahindra & Mahindra's open offer to acquire 26% of the company at INR 1,554.60 per share.
The committee deemed the INR 1.55 billion offer fair and reasonable, despite the current market price trading higher than the proposed acquisition price.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:SMLISUZU•Bombay Stock Exchange
News Alerts
Get instant email alerts when SML ISUZU publishes news
Free account required • Unsubscribe anytime