• SENSEX 81,592.45
    -318.56 (--0.39%)
  • BANKNIFTY 61,034.10
    -484.40 (--0.79%)
Back

Corporate News

SML Mahindra seeks to raise up to Rs 1450 crore through a rights issue to shareholders
06-Nov-2026, 09:43

SML Mahindra Limited, formerly SML Isuzu Limited, announced that its Board of Directors approved a rights issue to eligible shareholders to raise up to Rs 1450 crore through the issuance of fully paid-up equity shares, and scheduled a meeting for November 13, 2026, to finalize the terms of the issue, including the issue price and rights entitlement ratio, following in-principle approval from the BSE Limited and National Stock Exchange of India Ltd.