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Maruti to issue over 1.23 cr shares to Suzuki for Gujarat unit buyout

Maruti to issue over 1.23 cr shares to Suzuki for Gujarat unit buyout
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Maruti board: Maruti to issue over 1.23 cr shares on preferential basis to SMC for Suzuki Motor Gujarat buyout

As per the valuation report issued by RBSA Valuation Advisors LLP, the Rs 10,420.85 price per share approved by Maruti Suzuki board is equivalent to Rs 12,841.1 crore in value terms. ....

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Maruti Suzuki India Ltd approves allotment of 1,23,22,514 shares to Suzuki Motor Corporation

Maruti Suzuki India Ltd approves allotment of 1,23,22,514 shares to Suzuki Motor Corporation
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Maruti Suzuki To Allot Over 1.23 Crore Shares To Parent For Suzuki Motor Gujarat Buyout

The company's board has approved allotment of 1,23,22,514 shares to SMC having face value of Rs 5 each at a price of Rs 10,420.85 per share, the auto major said in a regulatory filing. ....

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Maruti board permits preferential share issue to Suzuki Motor Corporation

In October, the automobile major had decided to issue and allot 1.23 crore fully paid-up equity shares of Rs 5 each to Suzuki Motor, at a price of Rs 10,420.85 apiece. ....

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