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Maruti Suzuki India informs about outcome of board meeting

24 Nov 2023 Evaluate

Pursuant to Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), Maruti Suzuki India informs has informed that the Board of Directors of the Company, at its meeting held on 24th November, 2023, has approved the allotment of 1,23,22,514 equity shares of the Company to Suzuki Motor Corporation (‘SMC’) on a preferential basis. The disclosure as required under Regulation 30 of the Listing Regulations read with SEBI Circular on Continuous Disclosure (SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023), regarding the issue of equity shares on a preferential basis is enclosed as Annexure-A. The board meeting commenced at 09:00 am and concluded at 09:10 am.

The above information is a part of company’s filings submitted to BSE.

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