INDIA: Public float of 25% of Maruti Suzuki expected by June - report
The Indian government expects to float the much delayed initial public share offering of the country's largest carmaker, Maruti, a unit of Suzuki Motor, by June, the disinvestment minister said on Thursday, according to a Reuters report. The news agency said the government plans to sell 25% or 3.6 million shares of Maruti Udyog Ltd through a public offering that was first expected to be completed in March and later postoned to April-May because of the time taken to finalise the prospectus.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable