Maruti Suzuki Shareholders Greenlight Director Appointments, Auditor Selections at AGM
Shareholders of Maruti Suzuki India Limited convened via video conference for the company’s 44th Annual General Meeting (AGM) on August 28, 2025, where they passed all proposed resolutions. Key decisions included director appointments, auditor selections, and amendments to the company's object clause.
Key Resolutions Passed:
- Re-appointment of Mr. Kenichiro Toyofuku as Whole-time Director, designated as Director (Sustainability).
- Appointment of Mr. Koichi Suzuki as a Director.
- Appointment of Price Waterhouse Chartered Accountants LLP as Statutory Auditors.
- Declaration of dividend on equity shares.
- Appointment of RMG & Associates as Secretarial Auditors.
The detailed voting results for each resolution are as follows:
| Resolution | Valid Votes in Favor | % of Total Valid Votes | Valid Votes Against | % of Total Valid Votes |
|---|---|---|---|---|
| To consider and adopt the audited standalone financial statements | 29,11,11,564 | 99.95% | 1,31,552 | 0.05% |
| To consider and adopt the audited consolidated financial statements | 29,11,11,564 | 99.95% | 1,31,551 | 0.05% |
| To declare dividend on equity shares | 29,22,98,150 | 100.00% | 1,129 | 0.00% |
| To appoint a director in place of Mr. Kenichi Ayukawa | 28,74,61,175 | 98.34% | 48,38,250 | 1.66% |
| To appoint a director in place of Mr. Kenichiro Toyofuku | 28,72,52,539 | 98.27% | 50,46,886 | 1.73% |
| To appoint Price Waterhouse Chartered Accountants LLP | 29,15,77,919 | 99.76% | 7,12,809 | 0.24% |
| Resolution | Valid Votes in Favor | % of Total Valid Votes | Valid Votes Against | % of Total Valid Votes |
|---|---|---|---|---|
| To alter the Object Clause of the Memorandum of Association of the Company | 29,22,97,834 | 100.00% | 1,542 | 0.00% |
| To appoint Mr. Koichi Suzuki as a Director | 28,82,00,283 | 98.60% | 40,99,130 | 1.40% |
| To re-appoint Mr. Kenichiro Toyofuku as Whole-time Director | 28,74,15,191 | 98.33% | 48,84,222 | 1.67% |
| To ratify the remuneration of the Cost Auditor, M/s R. J. Goel & Co. | 29,22,82,470 | 100.00% | 1,489 | 0.00% |
| To appoint RMG & Associates as Secretarial Auditors | 29,22,96,932 | 100.00% | 2,485 | 0.00% |
The resolutions were approved by the shareholders with the required majority, complying with the stipulations of the Companies Act.
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