Tag: Slump Sale
STARTUP/TECHNOLOGY L&T Transfers Data Centre, Cloud Business To Vyoma.AI For ₹1,400 Cr

Larsen & Toubro Ltd has executed a Business Transfer Agreement with its wholly owned subsidiary Vyoma.AI Ltd for transferring its Data Centre and Cloud Services Business on a going-concern basis. The business will be transferred through a slump sale for an aggregate consideration of ₹1,400 crore, subject to closing adjustments. Vyoma will issue fully paid-up […]

CW Bureau · Aug 11, 2026
AUTO SML Mahindra Approves ₹525-Cr Buy Of Mahindra Truck & Bus Division

SML Mahindra Ltd has approved the acquisition of Mahindra Truck and Bus Division (MTBD) from Mahindra & Mahindra Ltd on a slump sale basis for ₹525 crore. The transaction, expected to be completed during FY27, is aimed at creating a unified commercial vehicle business with a presence across light, intermediate and heavy commercial vehicles, as […]

CW Bureau · Jul 29, 2026