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Maruti Suzuki India Ltd's Board To Discuss Merging Of Seven Subsidiaries With Itself-The Economic Times


Wednesday, 24 Apr 2013 08:31am EDT 

The Economic Times reported that Maruti Suzuki India Ltd will consider amalgamation of the Company's seven wholly owned subsidiaries with itself at the upcoming Board meeting. In a filing to the BSE, the Company said the Board, in meeting scheduled to be held on April 26, 2013, shall consider the proposal of amalgamation. The seven wholly owned subsidiaries, which are engaged in different businesses are Maruti Insurance Business Agency, Maruti Insurance Agency Services, Maruti Insurance Distribution Services, Maruti Insurance Agency Logistics, Maruti Insurance Agency Solutions, Maruti Insurance Agency Network and Maruti Insurance Broker. 

Company Quote

3177.2
101.5 +3.30%
22 Oct 2014