SML Mahindra's board approved a rights issue of up to Rs 1,450 crore, with price, ratio and dates still to be fixed.
Company news · Finvezto · 6 Nov 2026 · SML Mahindra (SMLMAH)
What happened
SML Mahindra's board approved a rights issue of up to Rs 1,450 crore, with price, ratio and dates still to be fixed. Source: Stock note
Why it matters
Anand Ganapathy K: Parent Mahindra & Mahindra has approved subscribing to its full rights entitlement. Source: Stock note
Links
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.