Maruti Suzuki India board approves acquiring shares of SMG from SMC

On July 31, Maruti Suzuki India Limited announced its Board of Directors, approved the termination of the contract manufacturing agreement with Suzuki Motor Gujarat Private Limited (SMG) and exercising the option to acquire the shares of SMG from Suzuki Motor Corporation (SMC). 
Presently, SMC holds 100% equity capit....

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