SML Mahindra Limited has submitted its monthly production, sales and export report for March 2026 to the stock exchanges under Regulation 30. The commercial vehicle manufacturer, formerly known as SML Isuzu Limited, reported operational metrics that demonstrate year-over-year growth in key business segments.

Production Performance

The company's commercial vehicle production showed positive momentum in March 2026. Manufacturing output reached 1652 units during the month, representing an increase from the 1594 units produced in March 2025. This production growth reflects the company's operational capabilities and market positioning in the commercial vehicle segment.

Sales and Market Performance

SML Mahindra Limited recorded strong sales performance during March 2026. The company achieved commercial vehicle sales of 2393 units, marking a significant improvement from the 2129 units sold in March 2025. This sales growth indicates robust market demand and effective distribution strategies.

Export Operations

The export segment experienced a decline during March 2026, with shipments totaling 64 units compared to 186 units in March 2025. This reduction in export volumes reflects changing international market dynamics and trade conditions.

Comprehensive Performance Overview

Regulatory Compliance

The monthly report was formally submitted to both BSE Limited and National Stock Exchange of India Limited on April 8, 2026. Company Secretary and Compliance Officer Parvesh Madan signed the regulatory filing, ensuring adherence to stock exchange disclosure requirements. The company maintains its registered office and manufacturing facilities in Village Asron, District Shahid Bhagat Singh Nagar, Punjab, with corporate operations based in Mohali.

SML Mahindra Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate pertains to the quarter ended 31st March, 2026, demonstrating the company's commitment to maintaining transparency and regulatory compliance.

Regulatory Compliance Filing

The company filed the certificate on 7th April, 2026, addressing both major Indian stock exchanges where its shares are listed. Company Secretary and Compliance Officer Parvesh Madan submitted the documentation to ensure adherence to SEBI's stringent regulatory framework.

Registrar Certification

MCS Share Transfer Agent Limited, serving as the company's registrar and share transfer agent, issued the compliance certificate on 2nd April, 2026. The certification confirms that SML Mahindra Limited has met all requirements under Regulation 74(5) of the SEBI regulations for the specified quarter.

The registrar certified two critical compliance aspects:

• Securities received for dematerialization were properly listed on stock exchanges where existing securities are already listed
• Original certificates were duly verified, mutilated, and cancelled, with the depository's name substituted as the registered owner in company records

Dematerialization Process Compliance

The certificate confirms that all dematerialization activities were completed within the mandatory 15-day timeframe as prescribed by SEBI regulations. This includes proper verification procedures and record maintenance, ensuring investor protection and market integrity.

Corporate Information

SML Mahindra Limited, formerly known as SML Isuzu Limited, operates in the trucks and buses segment. The company maintains its registered office and manufacturing works at Village Asron, District Shahid Bhagat Singh Nagar (Nawanshahar), Punjab. This quarterly filing represents part of the company's ongoing commitment to maintaining robust corporate governance standards and regulatory compliance across all operational aspects.