Maruti Suzuki India’s parent organization acquires additional stake in company: Report
15th Mar 2023

Maruti Suzuki India’s parent organization -- Suzuki Motor Corporation (SMC) has reportedly hiked stake in the company. Suzuki Motor Corporation has acquired additional over 3 lakh shares worth Rs 300 crore in the company. The said transaction has completed through open market. With this, SMC’s shareholding in the company increased to 56.48%.

Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.