M&M2026-11-06M&M2026-11-062026-11-06M&M2026-11-06in-capmkt:FinancialYear1MemberM&M2026-11-06in-capmkt:FinancialYear2MemberM&M2026-11-06in-capmkt:FinancialYear3MemberM&M2026-11-062026-11-06in-capmkt:FinancialYear1MemberM&M2026-11-062026-11-06in-capmkt:FinancialYear2MemberM&M2026-11-062026-11-06in-capmkt:FinancialYear3Memberiso4217:INRxbrli:pure

500520

Mahindra & Mahindra Limited

M&M

NOTLISTED

INE101A01026

New

Acquisition (including agreement to acquire)

false

2026-11-06

14:09:00

2026-11-06

Mahindra and Mahindra Limited

Listed Entity (self)

SML Mahindra Limited

28379200000

1597500000

5193400000

false

true

Commercial Vehicles Industry

Subscription to the proposed rights issue of Equity Shares of SML.

false

The number of equity shares and percentage shareholding to be acquired will be determined upon allotment of shares pursuant to the rights issue. No change in control of SML is envisaged.

Cash

14500000000

The proposed investment will be made at the price determined by SML and specified in the offer document for the rights issue. The aggregate investment by the Company in the rights issue, including any additional subscription, shall not exceed Rs. 1,450 crore.

14500000000

0.5897

SML is a listed subsidiary of the Company, with well recognized brands, strong heritage and pan-India presence in the ‘Trucks & Buses ‘segment. The company has a market leading position in the ‘ILCV [Intermediate and Light Commercial Vehicles] Buses segment.

1983-07-26

2025-2026

28379200000

2024-2025

23989900000

2023-2024

21959300000

SML is primarily present in India and has exports in various countries including Bangladesh, Nepal, Bhutan, Ghana and Dubai.

For row no. 14 - The number of equity shares and percentage shareholding to be acquired will be determined upon allotment of shares pursuant to the rights issue. No change in control of SML is envisaged.