SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Maruti Suzuki to acquire Suzuki Motor Gujarat

01 Aug 2023 Evaluate

Maruti Suzuki India’s Board has approved termination of the contract manufacturing agreement with Suzuki Motor Gujarat (SMG) and exercising the option to acquire 100% shares of SMG from Suzuki Motor Corporation (SMC) subject to all legal and regulatory compliances including minority shareholders’ approval.

Presently, SMC holds 100% equity capital of SMG. The acquisition of 100% equity capital by Maruti Suzuki India from SMC is a related party transaction and shall be done according to the prevalent law and regulations. The auto major expects to complete the transaction by March 31, 2024.

Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.


Maruti Suzuki Share Price

13452.25 118.30 (0.89%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×