Maruti Suzuki commences sixth round of MAIL initiative

Maruti Suzuki India on Friday said it has commenced taking applications for the sixth round of its Mobility and Automobile Innovation Lab (MAIL) programme. Early-stage startups working in mobility and automobile space are eligible to participate. The winning startups will get an opportunity to undertake a paid Proof of Concept (PoC) with the company, the auto major noted. These selected startups will be closely mentored by industry experts in the domestic and international startup ecosystem, it added. Besides, the participating startups will be provided with an opportunity to turn their innovative ideas into practical and disruptive solutions, and showcase their entrepreneurial capabilities, Maruti Suzuki India (MSI) said in a statement. "As a key stakeholder, we are committed to nurture and promote a culture of innovation in this dynamic industry. In the last two years, we have had an encouraging experience through the MAIL initiative. Already 25 startups are engaged with us and
27-08-2021
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Maruti Suzuki India Ltd - 532500 - Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)

Maruti Suzuki India Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here
26-08-2021
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MARUTI SUZUKI INDIA LTD. - 532500 - Appointment Of M/S Deloitte Haskins & Sells LLP As Auditors

Appointment of M/s Deloitte Haskins & Sells LLP as Auditors
26-08-2021
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Maruti Suzuki India Ltd - 532500 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

Dear Sir, The Annual General Meeting of the Company was held on 24th August, 2021 for which the Company had provided the remote e-voting facility to its shareholders. The shareholders also voted through e-voting system at the meeting. Please find enclosed herewith the voting results (as per the format prescribed) under Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the consolidated report of Scrutinizer on remote e-voting and e-voting at the Annual General Meeting. Kindly take the same on record.
26-08-2021

Words alone won't help auto industry; concrete actions needed: RC Bhargava

A lot of statements were made by government officials supporting the automobile industry, but when it comes to taking actual steps nothing has really happened, Maruti Suzuki India Chairman said
25-08-2021

Maruti chairman urges India Inc's managements to cut expenditure amid Covid

In the wake of the pandemic, building internal resources has to become a priority of industry and companies. It requires companies to have a more frugal style of management, says R C Bhargava
24-08-2021
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MARUTI SUZUKI INDIA LTD. - 532500 - Shareholder Meeting / Postal Ballot-Outcome of AGM

PROCEEDINGS OF THE 40TH ANNUAL GENERAL MEETING OF THE COMPANY
24-08-2021
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Maruti Suzuki India Ltd - 532500 - Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Order Passed By The Competition Commission Of India (CCI)

Dear Sirs, This is to inform you that the CCI has passed an order on 23rd August, 2021 for the alleged contravention of Section 3 of the Competition Act, 2002 against the Company in relation to implementing discount control policy vis-a-vis its dealers and has imposed a penalty for an amount of INR 200 crores on the Company. The Company will take necessary steps under the law after examining the order fully. You are requested to kindly note the same.
24-08-2021

Maruti Suzuki share price in focus after global brokerage retains buy, sees up to 31% upside

Goldman Sachs is of the view that chip shortage could cause sharper near-term production impact adding that August production setback could raise some concerns around pre-festive stocking.
18-08-2021

Semiconductor shortage | Maruti Suzuki to cut vehicle production by 30-40% in August: Report

The semiconductor shortage has now affected Maruti Suzuki's Manesar facility in Haryana.
17-08-2021
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