| <p>Maruti Suzuki India Limited announced that its board of directors approved the incorporation of a company named Osamu Suzuki Centre of Excellence (OSCOE) Foundation or a similar name approved by the Registrar of Companies, as a wholly owned subsidiary, under Section 8 of the Companies Act, 2013. The company will have an initial paid-up share capital of Rs 100,000, divided into 10,000 equity shares of face value Rs 10 each, and will focus on promoting vocational and technical skills for advancing manufacturing excellence in India.</p> |