SML Mahindra Limited
All news and filings related to SML Mahindra Limited.
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SML Mahindra Limited Shareholders Approve Key Related Party Transactions
SML Mahindra Limited shareholders approved two ordinary resolutions via postal ballot. These resolutions concern the acquisition of Mahindra & Mahindra's truck and bus division on a slump sale basis and other material related party transactions. Both resolutions were passed with a requisite majority on September 6, 2026.
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SML Mahindra August Sales Surge 40% YoY to 1175 Units; FYTD Up 14%
SML Mahindra reported a 40% year-on-year increase in August 2026 sales, with 1175 vehicles sold. Cargo vehicle sales grew 53% and passenger vehicle sales increased 31%. For April-August FY27, total sales were up 14% to 8216 units, driven by a 21% rise in passenger vehicle sales.
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SML Mahindra Limited Disseminates Business Valuation Report and Fairness Opinion
SML Mahindra Limited has made its Business Valuation Report and Fairness Opinion, both dated July 27, 2026, available to shareholders. These documents are accessible on the company's website and will be emailed to registered shareholders. This follows a Postal Ballot Notice issued on August 7, 2026.
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SML Mahindra Publishes Newspaper Ads for Postal Ballot & E-Voting
SML Mahindra Limited published newspaper advertisements on August 8, 2026, regarding a postal ballot and remote e-voting. The information is also available on the company's website. This is a regulatory filing as per SEBI LODR Regulations.
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SML Mahindra July 2026 Production & Sales: CV Up 11%, Exports Surge 74%
SML Mahindra's July 2026 update shows a production of 1458 CVs (up from 1311 in FY26) and sales of 1521 CVs (up from 1380 in FY26). Exports also saw a significant jump to 82 units from 47 units in the prior year.
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SML Mahindra seeks shareholder nod for ₹525 Cr M&M truck division acquisition
SML Mahindra is seeking shareholder approval for the acquisition of M&M's Truck and Bus Division for ₹525 crore via slump sale. Additionally, shareholders will vote on material related party transactions with M&M, with an aggregate limit of ₹4660 crore. E-voting will take place from August 8 to September 6, 2026.
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SML Mahindra July Sales Up 12%; Passenger Vehicles Surge 21%
SML Mahindra reported July 2026 sales of 1603 vehicles, up 12% year-on-year. Passenger vehicle sales surged 21% to 1186 units. For April-July 2026, total sales increased 11% to 7041 vehicles, driven by a 19% rise in passenger vehicles.
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SML Mahindra's ₹11.56 Lakh Penalty Demand Nullified by Income Tax Appeals Commissioner
SML Mahindra's appeal for AY 2016-17 has been allowed by the Commissioner of Income-Tax (Appeals). The penalty demand of ₹11.56 lakhs, previously imposed under Section 271(1)(c) of the Income Tax Act, has been nullified by the order received on July 31, 2026.
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SML Mahindra Announces Special Window for Physical Share Transfer Re-lodgement
SML Mahindra Limited has opened a special window for physical share transfer re-lodgement from February 5, 2026, to February 4, 2027. This allows for transfer and dematerialization of shares sold/purchased before April 1, 2019, and re-lodgement of previously rejected transfer deeds. Shares processed will be dematerialized with a one-year lock-in.
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SML Mahindra to Acquire Mahindra Truck & Bus Division for ₹525 Crore
SML Mahindra Limited will acquire Mahindra & Mahindra's Truck and Bus Division for ₹525 crore on a slump sale basis. The deal, subject to shareholder approval, aims to unify the group's commercial vehicle business. The acquisition is expected to be completed by January 31, 2027.
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SML Mahindra Schedules Investor Meet for July 29, 2026
SML Mahindra will hold an investor meet on July 29, 2026, to discuss board meeting outcomes and its strategic plan to achieve ₹12,500 crore business by FY31. The company plans to acquire Mahindra Truck and Bus Division for ₹525 crore by end of FY27.
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SML Mahindra Schedules Analyst Meet for 29 July 2026 to Discuss Board Meeting Outcome
SML Mahindra will hold an Analyst/Press Meet on July 29, 2026, to discuss its board meeting outcome. The company aims to become a top 3 player in ICV trucks and buses and expand into HCVs, targeting a ₹12,500 crore business by FY31. SML Mahindra is acquiring MTBD for ₹525 crore, expected to complete by end of FY27.
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SML Mahindra to Acquire Mahindra Truck & Bus Division for ₹525 Crore
SML Mahindra will acquire Mahindra's Truck and Bus Division for ₹525 crore on a slump sale basis. The deal, expected to close by January 31, 2027, aims to create a unified commercial vehicle business. This acquisition is a strategic move to enhance scale, market coverage, and operational efficiencies.
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SML Mahindra Limited: 42nd AGM Approves Financials, Dividend, Director Re-appointment, and M&M Transactions
SML Mahindra Limited's 42nd AGM on July 21, 2026, passed all five resolutions. Key approvals include the FY26 audited financials, a final dividend of ₹23.50 per share, and the re-appointment of Director Ms. Mahima Chugh. Material related party transactions with Mahindra & Mahindra and remuneration for independent directors were also approved.
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SML Mahindra Limited holds 42nd AGM on July 21, 2026
SML Mahindra Limited held its 42nd AGM on July 21, 2026. The meeting focused on approving financial statements for FY26 and declared a final dividend of ₹23.50 per equity share. It also approved material related party transactions and director remuneration.
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SML Mahindra Q1 FY27 Unaudited Results: Total Income ₹958.73 Cr, Net Profit ₹63.62 Cr
SML Mahindra reported unaudited Q1 FY27 results with total income at ₹958.73 crore and net profit after tax at ₹63.62 crore. EPS was ₹43.96. The results were published on July 21, 2026.
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SML Mahindra Ltd. Chairman's Presentation at 42nd AGM on July 21, 2026
SML Mahindra Limited presented its Chairman's address from the 42nd AGM held on July 21, 2026. FY26 saw 18% revenue growth to ₹2,838 crore and 31% PAT growth to ₹160 crore. The company declared a 235% dividend and aims to build a ₹12,500 crore business by FY31, focusing on ILCV and HCV segments.
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SML Mahindra Ltd. Chairman's Presentation at 42nd AGM Today
SML Mahindra Limited's Chairman will present at the 42nd AGM today, July 21, 2026. F26 saw revenue rise 18% to ₹2,838 crore and PAT increase 31% to ₹160 crore. Q1 F27 revenue grew 13% to ₹64 crore. The company targets ₹12,500 crore business by F31, aiming for a top 3 position in ILCV Trucks & Buses.
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SML Mahindra Q1FY27 Unaudited Results: Revenue at ₹957.54 Cr, Profit at ₹63.62 Cr
SML Mahindra reported Q1FY27 unaudited results with revenue at ₹957.54 crore and profit at ₹63.62 crore. Total income rose to ₹958.73 crore from ₹847.95 crore YoY. The Board approved the results on July 20, 2026. Earnings per share stood at ₹43.96.
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SML Mahindra Limited Submits SEBI Compliance Certificate for Q1 FY27
SML Mahindra Limited submitted a compliance certificate for Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The RTA confirmed securities were dematerialized and listed appropriately. This compliance is for the quarter ended June 30, 2026.
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SML Mahindra June Sales Up 3%, Passenger Vehicles Grow 19% YoY
SML Mahindra Limited reported total sales of 1930 units in June 2026, a 3% increase year-on-year. Passenger Vehicle sales grew 13% to 1575 units. For April-June 2026-27, total sales rose 10% to 5438 units, driven by a 19% increase in Passenger Vehicle sales.
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SML Mahindra Appoints Vimal Agarwal as Internal Auditor, K. N. Vaidyanathan Ceases
SML Mahindra Limited's Board approved the cessation of Internal Auditor K. N. Vaidyanathan, effective June 30, 2026. Vimal Agarwal is appointed as the new Internal Auditor from July 1, 2026. Agarwal is a CA and MBA with 25 years of experience.
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SML Mahindra Announces 42nd AGM on July 21, 2026; Newspaper Ads Published
SML Mahindra Limited will hold its 42nd Annual General Meeting (AGM) on July 21, 2026. Newspaper advertisements regarding the AGM and related shareholder information were published on June 28, 2026.
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SML Mahindra Limited Announces 42nd AGM on July 21, 2026, Via Video Conference
SML Mahindra Limited will hold its 42nd AGM on July 21, 2026, at 11:30 AM via video conference. The Annual Report for FY 2025-26 is available electronically to shareholders with registered email IDs. Shareholders can access documents online or request physical copies.
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SML Mahindra Announces 42nd AGM on July 21, 2026, Proposes ₹23.50 Dividend
SML Mahindra Limited will hold its 42nd AGM on July 21, 2026, via VC/OAVM. The company proposes a final dividend of ₹23.50 per share for FY26, totaling ₹34.01 crore. Shareholders will also vote on approving related party transactions up to ₹719.51 crore with Mahindra & Mahindra and on the remuneration for independent directors.
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SML Mahindra Limited: Dr. Venkataraman Srinivas to step down as ED & CEO on June 30
Dr. Venkataraman Srinivas will resign as Executive Director & CEO of SML Mahindra Limited on June 30, 2026, due to a new role within Mahindra Group. Executive Chairman Mr. Vinod Kumar Sahay will take additional responsibilities until a new CEO is appointed.
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SML Mahindra Appoints Executive Chairman to Oversee CEO Role Temporarily
Dr. Venkataraman Srinivas will cease as Executive Director & CEO of SML Mahindra Limited on June 30, 2026, moving to a new role within the Mahindra Group. Executive Chairman Vinod Kumar Sahay will temporarily manage CEO responsibilities from July 1, 2026, until a new CEO is appointed.
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SML Mahindra Board Approves CEO Cessation, Executive Chairman to Assume Additional Duties
Dr. Venkataraman Srinivas will cease to be Executive Director & CEO of SML Mahindra Limited from June 30, 2026, transitioning to a new role within Mahindra Group. Executive Chairman Mr. Vinod Kumar Sahay will assume additional responsibilities from July 1, 2026, until a new CEO is appointed.
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SML Mahindra Announces 'Saksham Niveshak' Campaign for Investor Engagement
SML Mahindra Limited is running the "Saksham Niveshak" campaign from April 1 to July 9, 2026. This initiative encourages shareholders to update KYC, claim unpaid dividends, and update bank mandates to prevent funds from being transferred to IEPF. Advertisements were published on June 4, 2026.
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SML Mahindra announces 42nd AGM on July 21, 2026; recommends 235% final dividend.
SML Mahindra Limited will hold its 42nd AGM on July 21, 2026, via video conference. The company recommended a final dividend of 235% (₹23.5 per share), payable on or after July 22, 2026. The record date for the dividend is July 3, 2026. Members are advised to update KYC details and submit documents for TDS determination by July 10, 2026.
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SML Mahindra to Transfer Unclaimed Dividend & Shares to IEPF by Nov 4, 2026
SML Mahindra Limited will transfer unclaimed dividends from FY 2018-19 and corresponding shares to the IEPF Authority on November 4, 2026. Shareholders must claim their dues by September 30, 2026, to avoid this transfer.
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SML Mahindra May Sales Up 15% to 1,767 Units; Passenger Vehicles Surge 26%
SML Mahindra reported a 15% year-on-year increase in total sales for May 2026, reaching 1,767 units. Passenger vehicle sales surged by 26% to 1,423 units, while cargo vehicle sales declined by 17% to 344 units. For April-May 2026-27, total sales grew 15% to 3,508 units.
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SML Mahindra to Transfer Unclaimed Dividends & Shares to IEPF by Nov 4, 2026
SML Mahindra will transfer unclaimed FY 2018-19 dividends and shares to IEPF on November 4, 2026. Shareholders must claim by September 30, 2026, by submitting required documents. Failure to claim will result in transfer to IEPF, freezing voting rights until claimed from the IEPF Authority.
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SML Mahindra informs shareholders about unclaimed dividend transfer to IEPF
SML Mahindra Limited notifies shareholders regarding the transfer of unclaimed dividends for FY 2018-19 to the IEPF, with a deadline of November 4, 2026. Shareholders must claim dividends by September 30, 2026. Physical security holders are required to update PAN and KYC details. Electronic dividend payments are effective from April 1, 2024, and physical warrants are discontinued from November 18, 2025.
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SML Mahindra Opens Special Window for Physical Share Transfer Requests Until Feb 2027
SML Mahindra Limited has opened a special window for physical share transfer requests. This window, valid from February 5, 2026, to February 4, 2027, aims to facilitate the transfer and dematerialization of physical shares. Shares processed will be subject to a one-year lock-in period.
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SML Mahindra April 2026 Production and Sales Up; Exports Increase
SML Mahindra reported April 2026 figures. Production increased to 1,588 units (FY27) from 1,529 (FY26). Sales rose to 1,711 units (FY27) from 1,492 (FY26). Exports grew to 30 units (FY27) from 20 (FY26).
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SML Mahindra April Sales Jump 15% to 1741 Units
SML Mahindra Limited reported a 15% year-on-year increase in total vehicle sales for April 2026, reaching 1741 units. Cargo vehicle sales grew 5% to 410 units, while passenger vehicle sales surged 19% to 1331 units.
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SML Mahindra Releases Transcript of Q4 FY26 Analyst Call; Integration Progress Highlighted
SML Mahindra released the transcript of its Q4 FY2026 analyst call. The company reported 17% industry outperformance in FY2026 with 18% revenue growth and 31% PAT growth. Integration post-Mahindra's acquisition is on track, with product roadmap and technology integration progressing. The company aims for a top-three ILCV market position by FY31 and plans to launch an electric bus this year.
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SML Mahindra Limited Reports Audited Financial Results for FY26
SML Mahindra Limited announced its audited financial results for Q4 FY26 and FY26. Total income for Q4 FY26 was ₹900.23 crore and net profit was ₹72.60 crore. For FY26, total income was ₹2,846.24 crore and net profit was ₹213.95 crore. Results published on April 21, 2026.
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SML Mahindra Limited Q4 FY26 Earnings Call Recording Uploaded
SML Mahindra Limited has uploaded the audio-video recording of its Q4 FY 2025-26 Earnings Conference Call held on April 20, 2026. The recording is accessible on the company's website. Only public information was shared during the call.
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SML Mahindra Ltd.: Board Approves FY26 Audited Results, Recommends 235% Dividend
SML Mahindra Limited approved audited FY26 results and recommended a 235% final dividend. Mr. K.N. Vaidyanathan appointed as Internal Auditor for FY27. The 42nd AGM is on July 21, 2026, with a record date of July 3, 2026.
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SML Mahindra Recommends 235% Dividend; FY26 Results & AGM Date Announced
SML Mahindra announced audited financial results for FY26. The Board recommended a final dividend of 235% (₹23.50 per share). Mr. K.N. Vaidyanathan appointed as Internal Auditor for FY27. The 42nd AGM is scheduled for July 21, 2026, with a record date of July 3, 2026, for dividend payment.
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SML Mahindra Approves FY26 Audited Results, Recommends 235% Dividend
SML Mahindra's Board approved audited FY26 results and recommended a final dividend of 235% (Rs. 23.50 per share). Mr. K.N. Vaidyanathan appointed as Internal Auditor for FY27. The 42nd AGM is on July 21, 2026, with a record date of July 3, 2026, for dividend payment.
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SML Mahindra Presents Analyst Meet Deck, Highlights 18% Revenue Growth in F26
SML Mahindra reported 18% revenue growth to ₹2,838 crore and a 31% PAT increase to ₹160 crore in F26. The company is integrating post-Mahindra's acquisition and aims to be a top player in ILCV trucks and buses. Q4 F26 revenue was ₹898 crore, with PAT at ₹54 crore.
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SML Mahindra Recommends 235% Dividend; Appoints New Internal Auditor
SML Mahindra recommended a final dividend of 235% (₹23.50 per share) for FY26. The company also appointed Mr. K.N. Vaidyanathan as Internal Auditor for FY27. The 42nd AGM is scheduled for July 21, 2026, with a record date of July 3, 2026, for dividend payment.
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SML Mahindra to Host Press/Analyst Meet on April 20th for Q4 FY26
SML Mahindra Limited will hold a virtual Press, Analyst, and Institutional Investor Meet on April 20th, 2026, from 5:30 PM to 6:00 PM IST. The meeting will provide an update for Q4 FY26. Dial-in and Microsoft Teams links are provided. No unpublished price-sensitive information will be shared.
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SML Mahindra to Hold Q4 FY26 Analyst/Investor Meet on April 20
SML Mahindra Limited will host a Q4 FY2026 Press & Analyst Meet on April 20th, 2026, from 5:30 PM to 6:00 PM IST. The virtual audio conference will allow interaction with senior management. No unpublished price-sensitive information will be disclosed.
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SML Mahindra Reports March 2026 Production & Sales: CV Production Up to 1652 Units
SML Mahindra reported monthly business updates for March 2026. Commercial vehicle production increased to 1652 units from 1594 in the previous year. Sales saw a rise to 2393 units from 2129. However, exports decreased to 64 units from 186.
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SML Mahindra Limited Files SEBI Compliance Certificate for Q4 FY26
SML Mahindra Limited submitted a compliance certificate for the quarter ended March 31, 2026, as per SEBI regulations. MCS Share Transfer Agent confirmed timely processing of dematerialized securities and updated records.
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SML Mahindra March Sales Up 6% to 2,457 Units; FY26 Sales Up 17% to 16,632 Units
SML Mahindra reported March 2026 sales of 2,457 vehicles, a 6% increase year-on-year. For FY26, total sales grew 17% to 16,632 vehicles. Cargo vehicle sales increased 2% in March and 28% for the fiscal year. Passenger vehicle sales rose 8% in March and 12% for the fiscal year.
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