Maruti Allotted Over 1.23 Cr Shares to its Parent SMC for Suzuki Motor Gujarat Buyout, Check Details
Curated By: Shahrukh ShahLast Updated: November 24, 2023, 14:00 ISTMaruti Suzuki. (Photo: Reuters)With the allotment, SMC's stake in Maruti Suzuki India (MSI) will increase to 58.19 percent from the earlier 56.48 percent.Maruti Suzuki India on Friday said its board has approved the allotment of over 1.23 crore shares to its parent Suzuki Motor Corporation (SMC) on a preferential basis for the acquisition of 100 percent stake in Suzuki Motor Gujarat. The company’s board has approved the allotment of 1,23,22,514 shares to!-->…