Suzuki Motor Gujarat crosses 30 lakh cumulative production markMaruti Suzuki India (MSI) has surpassed a 30 lakh cumulative production milestone in Gujarat, with Suzuki Motor Gujarat (SMG) having 7.5 la...
06 Dec, 2023, 06.13 PM IST
Maruti to issue over 1.23 cr shares on preferential basis to SMC for Suzuki Motor Gujarat buyoutAs per the valuation report issued by RBSA Valuation Advisors LLP, the Rs 10,420.85 price per share approved by Maruti Suzuki board is equi...
24 Nov, 2023, 12.48 PM IST
Maruti board approves Rs 12,800 crore preferential issue to Suzuki Motor CorpBack in August, Maruti Suzuki said it would acquire parent Suzuki Motor's manufacturing facility in Gujarat to ensure better management con...
24 Nov, 2023, 09.51 AM IST
Maruti gets nod from shareholders to fully acquire Suzuki Motor GujaratResolutions as set out in the postal ballot pertaining to approval of related party transaction, and create, offer, issue and allot equity ...
18 Nov, 2023, 09.02 PM IST
Maruti to issue Rs 12,800 cr worth of shares to Suzuki to buy Gujarat plantMaruti Suzuki, India's largest carmaker, has received board approval to acquire 100% equity capital of Suzuki Motor Gujarat (SMG) from pare...
17 Oct, 2023, 07.56 PM IST
Maruti Suzuki board to consider preferential equity issue to parent Suzuki MotorEarlier in July, Maruti Suzuki India had received board approval to acquire Suzuki Motor Gujarat (SMG) from its Japanese parent SMC. SMG wa...
12 Oct, 2023, 05.34 PM IST
Maruti Suzuki approves issue of shares to Suzuki Motor Corp“The total number of securities proposed to be issued to SMC as consideration for the acquisition of 100% stake of SMC in SMG, shall be dec...
09 Aug, 2023, 12.47 AM IST
Maruti Suzuki to roll out six EVs in India by decade-endBy FY2030, the company said battery EVs will account for 15 per cent of its total product portfolio, while internal combustion engine vehic...
27 Jan, 2023, 07.42 AM IST
Maruti Suzuki Chairman RC Bhargava brushes aside concerns on EV project; says there's nothing against shareholdersCountering the criticism from the proxy advisory firm, Bhargava noted that all models produced at Suzuki Motor Gujarat (SMG), including EVs...
24 Mar, 2022, 05.07 PM IST
Suzuki plans ₹10,440 crore India EV pushOf the amount, ₹3,100 crore will be used to increase EV manufacturing capacity at Suzuki Motor Gujarat (SMG) by 2025, while ₹7,300 crore ha...
21 Mar, 2022, 06.19 AM IST
Suzuki announces Rs 10,440 crore investment in Gujarat for EV and battery manufacturingSMC signed a MoU with the State of Gujarat on 19 March 2022 at India-Japan Economic Forum held in New Delhi, India, in the presence of Japa...
20 Mar, 2022, 09.57 AM IST
Covid-19: Suzuki boss expects a bigger knock to India engineIts Maruti Suzuki India Ltd (MSIL) unit is the country’s largest carmaker and accounts for over half of SMC’s global sales by volume. Despi...
28 May, 2020, 10.56 AM IST
Suzuki's automobile production in India crosses 20 million milestoneWhile MSIL produces vehicles at Gurgaon and Manesar plants, SMG rolls out vehicles from its Gujarat facility.
04 Jun, 2018, 01.45 PM IST
Mahindra Finance, Woori Financials JV to fund SMC motors in KoreaMahindra Finance has signed a memorandum of understanding with Woori Financials to set up a joint-venture for financing Ssangyong Motor veh...
06 Sep, 2013, 04.32 PM IST
Suzuki Motor's stake in Maruti Suzuki goes up to 56.21 pcSuzuki Motor Corp's stake in subsidiary Maruti Suzuki has gone up to 56.21% after merger of Suzuki Powertrain into India's largest car make...
01 Apr, 2013, 03.47 PM IST
- M&M sports quiet smile as Ssangyong scrips hit upper circuit
Since then, SMC shares have been on a bull run in the five trading days aggregating gain of around 75 per cent and it closed today at 8,970...
11 Jan, 2012, 06.23 PM IST
- Suzuki starts arbitration for share transfer from Volkswagen
Suzuki Motor Corporation (SMC) today said it has started arbitration proceedings at the ICC International Court in London.
24 Nov, 2011, 10.29 PM IST