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SML Mahindra Ltd
NSE: SMLMAH BSE: 505192
₹4092.60
(0.17%)
Thu, 25 Jun 2026, 03:00 am
Market Cap (in Cr)5924.04
PE Ratio37.07
Dividend0.44
Consumer Durables
Motor Vehicles
24.5KCompany History
1983
- The company was incorporated as Swaraj Vehicles Ltd. on 26th July.
1984
- The company changed its name from Swaraj Vehicles Ltd. to the present name on 27th November.
1985
- The company commenced trial production in April.
- The company started commercial production in the third quarter.
1995
- The Board for Industrial and Financial Reconstruction prepared a restructuring package at a cost of Rs. 7.8 crore.
1999
- The share department and office were shifted to SCO:204-205, Sector 34-A, Chandigarh.
2001
- Cholamandalam Investment & Finance Company Ltd entered into a strategic alliance with Swaraj Mazda Ltd.
2003
- The company received an intimation from HDFC Mutual Fund regarding a change in shareholding.
2007
- Swaraj Mazda Ltd appointed Mr. K Nakajima as Whole-time Director for a five-year tenure.
2008
- The Board recommended a dividend of Rs 5.50 per share.
2009
- The Board recommended a dividend of Rs 1.50 per share.
2010
- The Board recommended a dividend of 40% (Rs. 4 per share).
- SML Isuzu Ltd issued rights in the ratio of 19:50.
2011
- The company changed its name from Swaraj Mazda Ltd. to SML Isuzu Ltd.
- The Registrar of Companies, Punjab, H. P. & Chandigarh, approved the change of company name.
- SML Isuzu Ltd submitted the terms and conditions of appointment of Mr. Yutaka Watanabe, Managing Director, to BSE.
2012
- The Board recommended a dividend of Rs. 8.0 per share.
2013
- SML Isuzu recommended a dividend of 80% (Rs. 8 per share).
2014
- SML Isuzu recommended a dividend of 30% (Rs. 3 per share).
2016
- ICRA upgraded the long-term rating of SML Isuzu.
2018
- The company launched a mobile application named 'Loan Dost' for loan products under its Fintech platform.
2020
- The company issued rights shares of Rs. 10 in the ratio of 48:125 at a premium of Rs. 50 per share.
2021
- The company launched the Global Series Dual Cabin Trucks.
2022
- The company launched the ecoMax LR bus facelift to GS Cabin.
2023
- The company added 'Vajra Van' Special Application Vehicle for the Riots Control to its product mix.
- The company successfully changed over to OBD-II (BS6 Phase-II) vehicles.