SML Isuzu Limited , a prominent player in the trucks and buses segment, has officially changed its name to SML Mahindra Limited. This corporate action, approved by the Registrar of Companies and both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), took effect on November 10, 2025.

Key Changes

The company has undergone several important updates:

Corporate Details

SML Mahindra Limited continues to operate in the trucks and buses segment, with its registered office located in Punjab. The company's corporate office is situated at 204-205, Sector 34-A, Chandigarh – 160022.

Investor Information

Investors and market participants should take note of these changes, particularly the new trading symbol 'SMLMAH' on both the NSE and BSE. The BSE scrip code remains unchanged at 505192, providing continuity for existing investors and systems.

Management Statement

Parvesh Madan, Company Secretary & Compliance Officer of SML Mahindra Limited, officially communicated these changes to the stock exchanges. The company has ensured a transition in its corporate identity while maintaining its core business operations.

This rebranding marks a significant milestone for the company. Investors and stakeholders are advised to update their records and trading systems to reflect these changes, ensuring seamless transactions and communications with the newly rebranded SML Mahindra Limited.

SML Isuzu (formerly SML Isuzu Limited) has reported a significant increase in its October sales figures, showcasing robust growth across its vehicle segments. The company, known for its trucks and buses, saw a notable uptick in both cargo and passenger vehicle sales.

Sales Performance Highlights

SML Isuzu's total sales for October 2023 reached 1,059 units, marking a substantial 32% increase from the 801 units sold in the same month last year. This growth was driven by strong performance in both the cargo and passenger vehicle segments.

Segment-wise Analysis

Passenger Vehicles

The passenger vehicle segment emerged as the star performer, with sales soaring by 36% year-on-year. The company sold 552 passenger vehicles in October 2023, compared to 407 units in the previous year, indicating a growing demand for its bus offerings.

Cargo Vehicles

The cargo vehicle segment also showed impressive growth, with sales increasing by 29%. SML Isuzu sold 507 cargo vehicles in October 2023, up from 394 units in October 2022, reflecting a positive trend in the commercial vehicle market.

Year-to-Date Performance

Looking at the broader picture, SML Isuzu's performance from April to October of the fiscal year 2023-24 shows a 9% growth compared to the same period in the previous year. The company has sold a total of 9,204 vehicles in this seven-month period, up from 8,428 units in the corresponding period of 2022-23.

This consistent growth trajectory suggests that SML Isuzu is effectively navigating market challenges and capitalizing on the demand for both commercial and passenger vehicles. The company's ability to outperform its previous year's figures, especially in the passenger vehicle segment, indicates successful product strategies and market positioning.

As the automotive sector continues to evolve, SML Isuzu's performance will be closely watched by industry observers and investors alike. The company's sustained growth in both monthly and year-to-date figures paints a positive picture for its prospects in the competitive Indian automobile market.