SML Mahindra Limited has announced the relocation of its corporate office to new premises in Mohali, Punjab, marking a strategic shift in its administrative operations. The commercial vehicle manufacturer communicated this development to stock exchanges as part of its regulatory compliance obligations.

Office Relocation Details

The company has shifted its corporate office operations effective February 23, 2026, moving from its previous location in Chandigarh to a modern facility in Mohali's industrial corridor.

Regulatory Compliance

The relocation was formally communicated to both BSE and NSE under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Parvesh Madan signed the official intimation, ensuring full regulatory compliance.

Operational Continuity

SML Mahindra has emphasized that the relocation affects only the corporate office address, with no changes to its registered office and manufacturing operations. The company's registered office and works continue to operate from Village Asron in Punjab's Shahid Bhagat Singh Nagar district.

The new corporate office location in T7 Tech Park positions the company within Mohali's established industrial infrastructure, potentially offering enhanced connectivity and modern facilities for administrative operations.

Navodya Enterprises has filed a mandatory disclosure with stock exchanges following a reduction in its shareholding in sml mahindra Limited. The company sold 29,133 shares on February 17, 2026, through open market transactions, reducing its total shareholding from 13.0457% to 12.8444%.

Transaction Details

The share sale triggered compliance requirements under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited on February 19, 2026.

Shareholding Structure

Navodya Enterprises operates alongside several persons acting in concert (PAC), including Anandam Enterprises, SPV Traders, Sapna Gupta, Sachin Bansal, and Vivek Bansal. The entity does not belong to the promoter or promoter group of SML Mahindra Limited.

Company Information

SML Mahindra Limited, formerly known as SML Isuzu Limited, maintains its equity share capital at INR 144,716,460, comprising 14,471,646 shares with a face value of INR 10 each. The company's shares are listed on both the National Stock Exchange and Bombay Stock Exchange.

Regulatory Compliance

The disclosure fulfills mandatory requirements under SEBI takeover regulations, which require entities to report changes in shareholding when crossing specified thresholds. Sachin Bansal, Partner at Navodya Enterprises, signed the disclosure documents submitted to the exchanges.

The transaction represents a strategic reduction in Navodya Enterprises' investment in SML Mahindra Limited, bringing the shareholding below the 13% threshold while maintaining a significant stake in the commercial vehicle manufacturer.