SML Isuzu , a prominent commercial vehicle manufacturer, has reported a significant decline in sales for August 2025, along with other key updates including a potential rebranding and recent financial performance.

August Sales Performance

According to the company's latest filing, SML Isuzu experienced a 15% year-on-year decline in total sales for August 2025. The company sold 815 units during the month, compared to 932 units in August 2024. This downturn was particularly pronounced in the export segment, which saw a sharp decrease:

Despite the sales decline, the company managed to increase its production from 974 units in August 2024 to 1,045 units in August 2025, representing a 7% rise.

Stock Performance and Corporate Developments

The market reacted negatively to these results, with SML Isuzu's shares closing at ₹3,699.00 on the National Stock Exchange (NSE), down 1.76%.

In a significant corporate development, SML Isuzu is preparing for a major rebranding initiative. The company plans to change its name to SML Mahindra Ltd, following approval from its board of directors. However, this rebranding is still pending final clearances from shareholders and regulatory authorities.

Ownership Changes

The rebranding comes in the wake of a significant shift in ownership structure. Mahindra & Mahindra (M&M) has acquired a majority stake from the previous promoters, Sumitomo and Isuzu, at a price of ₹650.00 per share. Following this acquisition, M&M has initiated an open offer to acquire an additional 26% stake at ₹1,554.60 per share.

Financial Performance

Despite the recent sales downturn, SML Isuzu reported strong financial results for the June quarter:

• Net Profit: ₹67.00 crore, up 44% year-on-year
• Revenue: ₹846.00 crore, a 13% increase
• EBITDA: ₹105.00 crore, improving by 15%

These figures indicate that while the company faces challenges in its sales volumes, it has managed to maintain profitability and improve its financial metrics.

As SML Isuzu navigates through these changes in ownership, branding, and market conditions, stakeholders will be closely watching how these developments impact the company's future performance and market position in the commercial vehicle sector.

SML Isuzu Limited , a prominent player in the trucks and buses segment, is set to undergo a significant transformation following its recent acquisition by Mahindra & Mahindra. The company's board has approved changing its name to SML Mahindra Limited, marking a new chapter in its corporate identity.

Name Change Approval and Process

The board of SML Isuzu Limited has given its approval for the company's name change to SML Mahindra Limited. This decision comes after receiving name reservation from the Registrar of Companies (Central Registration Centre, Ministry of Corporate Affairs). However, the name change is not yet final and requires several more steps before implementation:

1. Shareholder Approval: The proposed name change will be put to vote at the upcoming 41st Annual General Meeting (AGM) scheduled for September 26, 2025.
2. Statutory Approvals: Other applicable statutory authorities will need to give their consent.
3. Constitutional Amendments: Consequential amendments to the company's Memorandum of Association and Articles of Association will be made to reflect the new name.

Recent Acquisition by Mahindra & Mahindra

The name change proposal follows Mahindra & Mahindra's significant acquisition of SML Isuzu for ₹555.00 crore. The deal structure includes:

• Acquisition of a 43.96% stake from Sumitomo Corporation
• Purchase of a 15% stake from Isuzu Motors
• Plans for an additional 26% open offer

This acquisition has positioned Mahindra & Mahindra as a major stakeholder in the company, prompting the proposed rebranding to SML Mahindra Limited.

Company Background and Market Performance

SML Isuzu Limited, incorporated in 1983, has established itself as a key player in the trucks and buses segment of the Indian automotive industry. The company's shares recently closed at ₹3,998.00, experiencing a decline of 2.74% in the latest trading session.

Upcoming Annual General Meeting

The company has announced that its 41st AGM will be held on September 26, 2025, through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Shareholders should note the following key dates:

The name change, if approved by shareholders and regulatory authorities, will mark a significant milestone in the company's history, reflecting its new association with the Mahindra Group. This rebranding is expected to align the company's identity with its new ownership structure and potentially signal new strategic directions in the competitive automotive market.