SML Isuzu Limited is a commercial vehicle manufacturer established in 1983. SMLI produces and sells buses, ambulances and customized vehicles. It is a subsidiary of Mahindra & Mahindra, which owns a 58.96% stake in the company. From Wikipedia
The ₹555 crore deal activates a SEBI open offer for up to 26% equity, setting the stage for SML’s transformation into SML Mahindra under fresh leadership.