Maruti Suzuki India Ltd to merge with Suzuki Powertrain India Ltd

Maruti Suzuki India Ltd and Suzuki Powertrain India Ltd have decided to enter into a merger.

  • The merger will assist them manufacture and meet the mounting demand for diesel vehicles
  • Suzuki Powertrain is a 30:70 ratio joint business enterprise between Maruti and its Japanese parent Suzuki Motor Corp
  • The merger is estimated to enhance Suzuki’s holdings in its Indian subsidiary by 2% points to 56.2%
  • Maruti intends to make a fresh issue release of 13.17 million shares to Suzuki in lieu of its 70% holding in Suzuki Powertrain
  • The automobile industry is gradually turning towards diesel vehicles sector and has attained a diesel to petrol ratio of 1:1.
  • Maruti Suzuki India Limited is a subsidiary of Suzuki Motor Corporation, Japan.
  • Maruti  Suzika India Limited, is famous as the 1st company in India to manufacture and sell more than a million cars.

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