Incorporated in July 1983, SML Isuzu Limited (SML) was formerly incorporated as 'Swaraj Vehicles Limited'. The name of the Company was changed from Swaraj Mazda Limited to SML Isuzu Limited on 3rd January, 2011. SML was jointly promoted by Punjab Tractors Ltd. (PTL) in India and Mazda Motor Corporation & Sumitomo Corporation in Japan. Sumitomo Corporation, Japan, a body corporate, is the Promoter of the Company and holds 43.96% shareholding of the Company. The company came out with a public issue in May '85 to part-finance its projects. Sumitomo Corporation, Japan and Isuzu Motors, Japan respectively holds 44% and 15% shareholding in the Company. In October 2004, SML's Technical Assistance Agreement with Maza ended. Subseq