Published On:August 9 2014
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Maruti assures investors on Gujarat project plans.
Maruti Suzuki India Limited (MSIL) said benefits of developing its Gujarat project through a wholly-owned subsidiary of Japanese parent Suzuki Motor Corporation (SMC) were being conveyed to investors by an MSIL team, led by Chairman R C Bhargava and Managing Director K Ayukawa.
Kotak Mahindra Capital and Axis Capital will facilitate the process to woo minority shareholders.
'The investment bankers are required to identify investors in various parts of the world, arrange meetings with them and the logistical support. These are involved in talks with MSIL in finalising presentations and strategy for the discussions, but the final decisions are of MSIL,' a spokesperson said.
BS