The country's largest carmaker is lining up capex to expand its total production capacity to 40 lakh units per annum by 2030-31
Details of the transaction such as the issue price of the securities and post-allotment holding of the investors are to be finalised at the next AGM, date for which is yet to be announced.
Maruti’s acquisition of the Gujarat unit will usher in synergistic benefits although the payout and the terms of the deal are key to determining earnings gains
RC Bhargava, Chairman of Maruti Suzuki believes the manufacturing contract with Suzuki Motor Gujarat (P) will prove to be a win-win opportunity for Maruti, Suzuki and all shareholders.