Maruti Suzuki India Limited — Others, 29-01-2025: Change in Director(s)

Maruti Suzuki India Limited has announced a board meeting where it approved the re-appointment of Mr. Hisashi Takeuchi as Managing Director and CEO for three years, effective from April 1, 2025, to March 31, 2028. The board also recommended re-appointing Mr. Maheswar Sahu as an Independent Director for five years, starting May 14, 2025. These leadership changes may stabilize the company’s strategic direction. Investors could view this positively, as continuity in management might enhance investor confidence amid ongoing market dynamics. Voting for these approvals will take place via postal ballot with a cut-off date set for February 14, 2025.