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Board of Maruti Suzuki India approves issue of 1.23 cr equity shares to Suzuki Motor Corporation Back
(17 Oct 2023)
The Board of Maruti Suzuki India at its meeting held on 17 October 2023 has approved the issuance of 1,23,22,514 equity shares of the company having face value of Rs 5 each to Suzuki Motor Corporation (SMC), at a price of Rs 10,420.85/- per equity share for consideration other than cash, discharged by the company for the purchase of 100% of equity shares of Suzuki Motor Gujarat owned by SMC.
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