Maruti Udyog Limited

MARUTI UDYOG
LIMITED
Presented by-----
Sumon
Anjan
Rupjyoti
Tapas
INTRODUCTION
Maruti Suzuki India Ltd. was established in December
1983. The keys of the first maruti car was handed over
to Mr. Harpal Singh of Delhi by the then Prime
Minister Mrs. Indira Gandhi on 14th December,
1983. This car is meant for an average Indian individual
which is affordable as well as has elegant appeal. Maruti
Suzuki India Ltd. is the result of collaboration of Maruti
with Suzuki of Japan. Its Headquarter is in Gurgaon .
Maruti Udyog was renamed to Maruti Suzuki India
Limited on 17 September 2007.
MARUTI UDYOG & ITS CORPORATE GOVERNANCE
 Maruti Suzuki India Limited is fully committed to

practising sound corporate governance and upholding
the highest business standards in conducting business.
 Being a value-driven organisation, the company has

always worked towards building trust with
shareholders, employees, customers, suppliers and
other stakeholders based on the principles of good
corporate governance, viz., integrity, equity,
transparency, fairness, disclosure, accountability and
commitment to values.
 The Company fosters a culture in which high
standards of ethical behaviour, individual accountability
and transparent disclosure are ingrained in all its
business dealings and shared by its board of directors,
management and employees.
 The Company has established systems and procedures

to ensure that its board of directors is well-informed and
well-equipped to fulfil its overall responsibilities and to
provide the management with the strategic direction
needed to create long-term shareholder value.
Composition of the board
 The Company has a multi-tier management

structure, comprising the board of directors at the
top and followed by managing executive officers,
executive officers, divisional heads and
departmental heads.
 Through this, it is ensured that: Strategic

supervision is provided by the board; Control and
implementation of Company's strategy is achieved
effectively
 As on 31st March 2010, the Company's board of
directors consists of eleven members.
 The chairman of the board is a non-executive director.
 The Company has an optimum combination of

executive and non-executive directors in accordance
with the provisions of clause 49 of the listing agreement.
 The board is made up of four executive directors

and seven non-executive directors.
 No director is related to any other director.

 All independent directors are persons of
eminence and bring a wide range of expertise and
experience to the board thereby ensuring best interest
of stakeholders and the Company.
REPORT OF THE BOARD
Foreign companies, private limited companies and
companies under section 25 of the Companies Act, 1956
are excluded for the purpose of considering the limit
prescribed under clause 49 (I) (C) of the listing
agreement. The agreements are :-
 None of the directors was a member of more than 10

committees or chairman of more than 5 committees
across all companies in which he/she is a director.
None of the directors hold equity shares in the
company except Mr. Shinzo Nakanishi, who holds 20
equity shares of Rs. 5/- each in capacity of the nominee
of Suzuki Motor Corporation, Japan.
 The board met five times during the year on 24th April
2009, 23rd July 2009, 24th October 2009, 23rd January
2010 and 25th March 2010.
 The board meets at least once in a quarter with a gap of
not more than four months between any two meetings.
SHAREHOLDERS INFORMATION
 Financial results:- Quarterly and annual financial results are published

in 'The Hindu-Business Line', 'Business Standard', 'Financial Express' and
in Hindi editions of 'Jansatta'.
 Monthly sales:- Monthly sales figures are sent to stock exchanges as

well as displayed on Company's website www.marutisuzuki.com.
News releases:- All official news releases are sent to stock exchanges
as well as displayed on the Company's website www.marutisuzuki.com.
Website:- The Company's website www.marutisuzuki.com contains a

dedicated segment called 'investors' where all information needed by
shareholders is available including ECS mandate, nomination form and
annual report.
CONCLUSION
THANKZ FOR
COOPERATION

Maruti Udyog Limited

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MARUTI UDYOG

 Maruti Suzuki India Limited is fully committed to

 Being a value-driven organisation, the company has

 The Company has established systems and procedures

 The Company has a multi-tier management

 Through this, it is ensured that: Strategic

implementation of Company's strategy is achieved

 The chairman of the board is a non-executive director.

 The Company has an optimum combination of

 The board is made up of four executive directors

 No director is related to any other director.

 None of the directors was a member of more than 10

 Financial results:- Quarterly and annual financial results are published

 Monthly sales:- Monthly sales figures are sent to stock exchanges as

Website:- The Company's website www.marutisuzuki.com contains a

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