Maruti to pay Rs 12,841 crore in stock to Suzuki for local plant

October 17, 2023

The decision was taken in a meeting held today. MSIL will pay for 100% equity of Suzuki Motor Corporation by alloting approximately 12.32 crore equity shares of the company at a price of Rs 10,420.85 per equity share, on a preferential basis, the filing said.

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