BUSINESS

MUL scrip to be listed by Jul 9-10: Khattar

Source:PTI
July 07, 2003 12:12 IST

The shares of car major Maruti Udyog Ltd would be listed on the National Stock Exchange and Bombay Stock Exchange by July 9-10, its managing director Jagdish Khattar said on Monday.

Khattar was speaking to reporters after the meeting between Suzuki Motor Corporation chairman Osamu Suzuki and Divestment Minister Arun Shourie.

Suzuki said he was in the Capital to greet Shourie for successfully conducting the Maruti public offer.

He, however, declined to comment on the strategy to be adopted by the parent company for Maruti in the future.

Suzuki would also attend the meeting of the Maruti board of directors. This will be the first board meeting after the new management of Maruti took over the company operations.

The Japanese automaker has a majority control of Maruti in which the government had put on sale 25 per cent of its equity through a recently-concluded initial public offer.

Source: PTI
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