SML Mahindra Limited (formerly SML ISUZU Limited) published newspaper advertisements on May 8, 2026, notifying shareholders of a special window for re-lodgement of transfer requests pertaining to physical shares. The advertisements appeared in the Financial Express, The Indian Express, and Ajit, and were filed with BSE Limited and the National Stock Exchange of India Ltd. under Regulations 30 and 47 of the SEBI (LODR) Regulations, 2015. The company's CIN is L50101PB1983PLC005516, with its Registered Office & Works located at Village Asron, Distt. Shahid Bhagat Singh Nagar (Nawanshahr), Punjab – 144533.

Background and Regulatory Context

SEBI had initially opened a special window via Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 2, 2025, for a period of 6 months from July 7, 2025 till January 6, 2026. This window was designed to facilitate the re-lodgement of transfer deeds that were originally lodged prior to the deadline of April 1, 2019, and were subsequently rejected, returned, or left unattended due to deficiencies in documents, process, or otherwise.

Following this, SEBI issued Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, opening another special window for a period of one year. This extended window is intended to facilitate both the transfer and dematerialization of physical shares sold or purchased prior to April 1, 2019, as well as the re-lodgement of previously rejected transfer deeds.

Special Window: Key Details

The following table outlines the key parameters of the current special window:

Eligibility Matrix

SML Mahindra provided a detailed eligibility matrix to help shareholders determine whether their transfer requests qualify under the current window. All cases pertain to transfer deeds with an execution date before April 1, 2019:

Cases Excluded from the Special Window

The following categories of cases will not be considered under this special window:

• Cases involving disputes between the transferor and the transferee.
• Securities that have been transferred to the Investor Education and Protection Fund (IEPF).

All shares re-lodged during this period will be processed through the transfer-cum-demat route, meaning they will only be issued in dematerialized (demat) form after transfer. These shares will also be subject to a lock-in period of one year. Transfer requests submitted after February 4, 2027, will not be accepted by the Company or its Registrar and Transfer Agent (RTA).

Contact Information for Shareholders

Shareholders seeking further information or clarification may reach out to SML Mahindra or its RTA, M/s MCS Share Transfer Agent Limited, at the addresses below:

The notice was signed by Parvesh Madan, Company Secretary & Compliance Officer (ACS-31266), from Mohali, dated May 7, 2026.

SML Mahindra has announced its audited financial results for the fourth quarter and financial year ended 31 March 2026, demonstrating solid revenue growth and improved profitability. The company's performance reflects strong operational momentum across its trucks and buses segment.

Q4 Financial Performance

The company delivered robust top-line growth during Q4 FY26, with total income reaching ₹900.23 crore compared to ₹773.10 crore in the corresponding quarter of the previous year. Net profit after tax for the quarter stood at ₹54.20 crore, representing a 2.4% increase from ₹52.95 crore in Q4 FY25.

Full Year FY26 Performance

For the complete financial year 2025-26, SML Mahindra reported total income of ₹2,846.24 crore, up from ₹2,405.05 crore in FY25. Net profit after tax for the year increased to ₹159.75 crore compared to ₹121.67 crore in the previous year. Basic earnings per share improved to ₹110.39 from ₹84.08 in FY25.

Dividend Declaration

The Board of Directors at their meeting held on 20 April 2026 has recommended a final dividend of ₹23.50 per equity share of ₹10 each fully paid up. The total dividend payout amounts to ₹34.01 crores for the year ended 31 March 2026, subject to approval by shareholders at the ensuing Annual General Meeting.

Earnings Call Insights

SML Mahindra has published the transcript of its Press/Analyst/Institutional Investor Conference Call held on 20 April 2026. The call, led by Executive Chairman Vinod Kumar Sahay, Group CFO Amarjyoti Barua, and Sector CFO Manaswini Goel, provided detailed insights into the company's integration progress with Mahindra Group.

Strategic Synergies and Market Performance

The management highlighted significant progress in six key integration pillars including product development, network expansion, and operational synergies. The company outperformed the industry with 17% volume growth versus 13% industry growth. Market share increased by 20 basis points in cargo vehicles and 80 basis points in passenger vehicles for the full year.

The company is targeting to become a top three player in India's ILCV trucks and buses segment, with revenue aspiration of ₹15,000 crores by FY31. Management expressed confidence in managing current supply chain challenges while maintaining production schedules despite geopolitical uncertainties.

Key Highlights

The Q4 and full year results present several positive developments for SML Mahindra:

• Strong double-digit revenue growth in both Q4 and full year
• Consistent improvement in net profitability
• Significant growth in earnings per share
• Attractive dividend proposal reflecting shareholder returns
• Successful integration with Mahindra Group ecosystem
• Enhanced service network coverage across India

The audited financial results were published on 21 April 2026 in Financial Express, The Indian Express, and Ajit newspapers, and are available on the company's website at smlmahindra.com.