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Suzuki Motor increases stake in Maruti Suzuki to 56.48%
short by Srishty Choudhury / on Tuesday, 14 March, 2023
Japanese auto major Suzuki Motor Corporation increased its stake in Indian subsidiary Maruti Suzuki India Limited to 56.48% by purchasing 3.45 lakh equity shares from the open market from March 10-13. Prior to the transaction, Suzuki held 56.37% of Maruti Suzuki. Currently, Maruti Suzuki has a cumulative production capacity of 15 lakh units per annum at Manesar and Gurugram plants.
read more at CNBC-TV18