As on (27 Jul 2024 | 18:57)
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Board of Maruti Suzuki India to consider equity issuance to Suzuki Motor Corporation Back
(12 Oct 2023)
The Board of Maruti Suzuki India will meet on 17 October 2023 to approve the issue of equity shares of the Company to Suzuki Motor Corporation (SMC) on a preferential basis for consideration other than cash, to discharge the consideration payable by the Company for acquisition of 100% equity stake of SMC in Suzuki Motor Gujarat, subject to the approval of the members through Postal Ballot and all legal and regulatory compliances.
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