Maruti Gujarat Plant
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Maruti to Start Investor Roadshow on Gujarat Plant This Month
According to sources, the company's management led by Chairman R C Bhargava, along with Managing Director and CEO Kenichi Ayukawa and Chief Financial Officer Ajay Seth will meet institutional investors from the US, UK, Asia and India.
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Maruti's Gujarat Plant Deal Adds To Operational Complexity: IiAS
The proxy advisory firm's latest comments come within days of Maruti saying that it expects to save about Rs 10,500 crore in the first 15 years by not investing in the Gujarat facility.
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Maruti Minority Shareholders' Voting on Gujarat Plant Ends
Voting by minority shareholders of Maruti Suzuki India to let its Japanese parent Suzuki invest and own the upcoming plant in Gujarat ended on Tuesday.
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Maruti Suzuki Hits Back at Advisory Firm IiAS on Gujarat Plant
Asserting that it will have full control over an upcoming plant in Gujarat despite letting parent Suzuki own and invest there, Maruti Suzuki India has hit back at proxy advisory firm IiAS, which asked minority shareholders to vote against the move, saying the "conclusions" are not based on "any facts or logic".
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Minority Shareholders to Vote on Gujarat Plant on November 16: Maruti
Maruti Suzuki India will finally go ahead with its much-delayed minority shareholders voting to let parent Suzuki invest and own the upcoming plant in Gujarat on November 16.
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Maruti Board May Fix Dates for Voting on Gujarat Plant Next Week: Report
Maruti Suzuki India's board is likely to take up next week finalisation of dates for voting by minority shareholders to allow parent Suzuki to own and invest in the upcoming Gujarat plant.
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Expect Clearance From State Government on Gujarat Plant Soon: Maruti
Maruti Suzuki India, the country's largest carmaker, expects to 'soon' get a crucial clearance from the Gujarat government to allow its parent Suzuki Motor Corp to own the upcoming plant in the state.
-
Maruti's Gujarat Plant Deal Adds To Operational Complexity: IiAS
The proxy advisory firm's latest comments come within days of Maruti saying that it expects to save about Rs 10,500 crore in the first 15 years by not investing in the Gujarat facility.
-
Maruti to Start Investor Roadshow on Gujarat Plant
The country's largest carmaker Maruti Suzuki India will kick off a roadshow this month to explain to global and domestic investors its move to let parent Suzuki Motor Corp own a proposed plant in Gujarat.
-
Maruti to Start Investor Roadshow on Gujarat Plant This Month
According to sources, the company's management led by Chairman R C Bhargava, along with Managing Director and CEO Kenichi Ayukawa and Chief Financial Officer Ajay Seth will meet institutional investors from the US, UK, Asia and India.
-
In battling Maruti Suzuki, fund managers find voice
Across emerging markets, shareholder activism tends to be rare, with unhappy investors typically expressing discontent by dumping their shares. In the case of Maruti, that would have meant ditching a company that sells half the passenger cars in India and is a staple of institutional portfolios.
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Maruti Suzuki jumps 10% on clarification about Gujarat plant
Shareholders will be called to vote on a special resolution, where Maruti's decision to source cars from Suzuki's plant in Gujarat will be discussed. A special resolution has to be passed by a majority of not less than 75 per cent. Maruti says this decision should be seen as "a measure of good corporate governance."
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Maruti Sukuzi to seek shareholder nod for Gujarat plant; shares jump
On Saturday, Maruti said it will seek minority shareholder approval for the deal, a move being seen as to assuage investors' concerns. It also said that the entire capex for the Gujarat project would be funded by depreciation and equity brought in by Suzuki.
-
Maruti Suzuki shares recover; investors protest Suzuki deal
A group of 16 big fund managers said in a letter to Maruti management dated March 5 and seen by Reuters, that the plan would shift manufacturing activity away from the Indian company and turn it into a "shell company" of its parent.
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Maruti Suzuki tumbles after investors shoot second letter opposing Gujarat plan
Maruti shares have hugely underperformed the broader markets since the automaker announced its Gujarat plan on January 28. That day the stock fell 8.12 per cent. Between January 27 and now, Maruti shares have given zero return as they have stayed around the Rs 1,700 mark. During the same period, the BSE Sensex has moved from 20,707 on January 27 to...
-
Maruti to Start Investor Roadshow on Gujarat Plant This Month
According to sources, the company's management led by Chairman R C Bhargava, along with Managing Director and CEO Kenichi Ayukawa and Chief Financial Officer Ajay Seth will meet institutional investors from the US, UK, Asia and India.
-
Maruti's Gujarat Plant Deal Adds To Operational Complexity: IiAS
The proxy advisory firm's latest comments come within days of Maruti saying that it expects to save about Rs 10,500 crore in the first 15 years by not investing in the Gujarat facility.
-
Maruti Minority Shareholders' Voting on Gujarat Plant Ends
Voting by minority shareholders of Maruti Suzuki India to let its Japanese parent Suzuki invest and own the upcoming plant in Gujarat ended on Tuesday.
-
Maruti Suzuki Hits Back at Advisory Firm IiAS on Gujarat Plant
Asserting that it will have full control over an upcoming plant in Gujarat despite letting parent Suzuki own and invest there, Maruti Suzuki India has hit back at proxy advisory firm IiAS, which asked minority shareholders to vote against the move, saying the "conclusions" are not based on "any facts or logic".
-
Minority Shareholders to Vote on Gujarat Plant on November 16: Maruti
Maruti Suzuki India will finally go ahead with its much-delayed minority shareholders voting to let parent Suzuki invest and own the upcoming plant in Gujarat on November 16.
-
Maruti Board May Fix Dates for Voting on Gujarat Plant Next Week: Report
Maruti Suzuki India's board is likely to take up next week finalisation of dates for voting by minority shareholders to allow parent Suzuki to own and invest in the upcoming Gujarat plant.
-
Expect Clearance From State Government on Gujarat Plant Soon: Maruti
Maruti Suzuki India, the country's largest carmaker, expects to 'soon' get a crucial clearance from the Gujarat government to allow its parent Suzuki Motor Corp to own the upcoming plant in the state.
-
Maruti's Gujarat Plant Deal Adds To Operational Complexity: IiAS
The proxy advisory firm's latest comments come within days of Maruti saying that it expects to save about Rs 10,500 crore in the first 15 years by not investing in the Gujarat facility.
-
Maruti to Start Investor Roadshow on Gujarat Plant
The country's largest carmaker Maruti Suzuki India will kick off a roadshow this month to explain to global and domestic investors its move to let parent Suzuki Motor Corp own a proposed plant in Gujarat.
-
Maruti to Start Investor Roadshow on Gujarat Plant This Month
According to sources, the company's management led by Chairman R C Bhargava, along with Managing Director and CEO Kenichi Ayukawa and Chief Financial Officer Ajay Seth will meet institutional investors from the US, UK, Asia and India.
-
In battling Maruti Suzuki, fund managers find voice
Across emerging markets, shareholder activism tends to be rare, with unhappy investors typically expressing discontent by dumping their shares. In the case of Maruti, that would have meant ditching a company that sells half the passenger cars in India and is a staple of institutional portfolios.
-
Maruti Suzuki jumps 10% on clarification about Gujarat plant
Shareholders will be called to vote on a special resolution, where Maruti's decision to source cars from Suzuki's plant in Gujarat will be discussed. A special resolution has to be passed by a majority of not less than 75 per cent. Maruti says this decision should be seen as "a measure of good corporate governance."
-
Maruti Sukuzi to seek shareholder nod for Gujarat plant; shares jump
On Saturday, Maruti said it will seek minority shareholder approval for the deal, a move being seen as to assuage investors' concerns. It also said that the entire capex for the Gujarat project would be funded by depreciation and equity brought in by Suzuki.
-
Maruti Suzuki shares recover; investors protest Suzuki deal
A group of 16 big fund managers said in a letter to Maruti management dated March 5 and seen by Reuters, that the plan would shift manufacturing activity away from the Indian company and turn it into a "shell company" of its parent.
-
Maruti Suzuki tumbles after investors shoot second letter opposing Gujarat plan
Maruti shares have hugely underperformed the broader markets since the automaker announced its Gujarat plan on January 28. That day the stock fell 8.12 per cent. Between January 27 and now, Maruti shares have given zero return as they have stayed around the Rs 1,700 mark. During the same period, the BSE Sensex has moved from 20,707 on January 27 to...
