Maruti Suzuki India Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
MARUTI · price
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Awaiting price reaction for this filing.
On 31st July 2025, the Board of Maruti Suzuki approved sweeping changes to the Object Clause of its Memorandum of Association, subject to shareholder and ROC (Delhi) approval. The company has dropped the legacy clause about taking over the old Maruti Ltd. undertakings from the Government of India and has rewritten its main object to explicitly include drones, unmanned aerial vehicles (UAVs), electric and alternative-fuel propulsion, batteries, sensors, and related technologies. Six new sub-clauses have been added covering fleet and shared mobility services, used/pre-owned vehicle business, EV charging infrastructure and alternative fuels (CBG, hydrogen), consultancy and testing services, carbon credit trading, and end-of-life vehicle recycling. Shareholders will vote on these changes at the AGM scheduled for 28th August 2025.
This is a major strategic expansion — Maruti is repositioning itself from a pure car manufacturer to a full-spectrum mobility and sustainability company spanning EVs, drones, used cars, fleet services, and green energy. Long-term positive signal for diversification and future-readiness, though execution risk remains; near-term stock impact is likely muted pending the AGM vote.