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Maruti Suzuki India LimitedBoard Meeting, 29-10-2024: Outcome of Board Meeting

29-10-2024 · 12:36 pm

Maruti Suzuki India Limited's Board has approved the amalgamation of its wholly owned subsidiary, Suzuki Motor Gujarat Private Limited, into the parent company. This merger aims to enhance operational efficiency, consolidate business operations, and reduce administrative costs. No new shares will be issued, nor will any cash payments be made in this process, ensuring no change in Maruti Suzuki's shareholding pattern post-amalgamation.

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