Mumbai, March 18 IANS | 2 years ago

Automobile major Maruti Suzuki's scrip closed Tuesday's trade up 131.75 points or 7.58 percent after the company said it will seek minority shareholder approval to set up a plant in Gujarat as a unit of Suzuki Motor Corporation.

The company's scrip at the Bombay Stock Exchange closed at Rs.1,868.85 -- up 131.75 points or 7.58 percent from its previous close of Rs.1,737.10 on Friday.

Maruti Suzuki's board decided to seek the minority shareholder approval after the proposal drew opposition from the company's leading institutional investors.

(Posted on 18-03-2014)

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