Dividend Declaration, and Share Price Update
๐ Maruti Suzuki 44th AGM Overview
Maruti Suzuki India Ltd held its 44th Annual General Meeting (AGM) 2025 on Thursday through video conferencing. Shareholders and the management team joined virtually to approve important proposals, including financial results for FY25, dividend announcement, and boardroom changes.
๐ Financial Results & Dividend Announcement
- Shareholders approved the audited standalone and consolidated financial statements for FY25.
- A dividend on equity shares was declared, a positive sign for Maruti Suzuki investors and long-term shareholders.
๐ฅ Board Appointments & Management Updates
Key boardroom decisions made during the Maruti Suzuki AGM 2025 included:
- Re-appointments: Mr. Kenichi Ayukawa and Mr. Kenichiro Toyofuku (directors retiring by rotation).
- New Appointment: Mr. Koichi Suzuki was inducted as a new director.
- Executive Role: Mr. Toyofuku was also re-appointed as Whole-time Director (Sustainability).
- Auditors: Price Waterhouse Chartered Accountants LLP was appointed as statutory auditor. Cost and secretarial auditors were also ratified.
- Corporate Policy Update: The company amended its Memorandum of Association to align with new business objectives.
๐ณ๏ธ Voting & Compliance
The voting process was conducted under the supervision of Manish Gupta from RMG & Associates. Final voting results will be available on the Maruti Suzuki official website and submitted to the stock exchanges.
๐ Maruti Suzuki Share Price Reaction
The AGM delivered no major surprises, and Maruti Suzuki share price remained stable. The stock was trading at โน14,782, up 0.46% on the day.For further tracking you can visit on https://www.nseindia.com/
๐ About Maruti Suzuki India Ltd
- Market Leader: Maruti Suzuki holds a dominant position in Indiaโs passenger vehicle market, with a market share of over 40%.
- Popular Models: Its best-selling cars include the Alto, Swift, Baleno, WagonR, Brezza, and Ertiga, which continue to drive volumes.
- Manufacturing Scale: The company operates state-of-the-art manufacturing facilities in Haryana and Gujarat, with a combined production capacity of over 2 million vehicles annually.
- Export Strength: Maruti Suzuki is also a leading car exporter from India, shipping vehicles to over 100 countries, particularly in Asia, Africa, and Latin America.
- Innovation Focus: The automaker is investing in green mobility, including hybrid cars, CNG vehicles, and electric vehicle (EV) development, in line with Indiaโs push toward sustainable transportation.
- Parent Company: Maruti Suzuki is majority-owned by Suzuki Motor Corporation, Japan, which brings global expertise and technology to the Indian market.
โ Conclusion of the Meeting
The Maruti Suzuki AGM 2025 concluded smoothly at 12:02 p.m., with Sanjeev Grover, Executive Officer & Company Secretary, conducting the proceedings. To get more news like this please visit https://worldcoveraze.com/category/business/
