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M&M to sell truck and bus division to SML

M&M to sell truck and bus division to SML. Board approved the slump sale of its Truck and Bus Division to SML Mahindra Limited under a Business Transfer Agreement. The move marks a strategic divestment in the auto sector. Financial terms not yet disclosed.

📊 STOCKS: M&M, SML | 🏢 SECTOR: Auto | #HIGHIMPACT #Divestment

#Divestment#M&A#SML#Mahindra
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