Maruti Suzuki India Ltd’s board has approved the reappointment of Hisashi Takeuchi as Managing Director and Chief Executive Officer for an additional three-year term, effective April 1, 2025, through March 31, 2028.
Takeuchi joined Suzuki Motor Corporation in 1986 and has extensive experience in international operations. He became a board member of Maruti Suzuki in July 2019 and served as Joint Managing Director (Commercial) from April 2021 until his appointment as MD and CEO on April 1, 2022.
In addition to Takeuchi’s reappointment, the board approved the amalgamation of Suzuki Motor Gujarat Private Limited, a wholly owned subsidiary, into Maruti Suzuki India Ltd.
Following the announcement, Maruti Suzuki’s shares rose to an intra-day high of ₹12,317, reflecting positive investor sentiment.
Key Highlights:
- Reappointment: Hisashi Takeuchi reappointed as MD & CEO for three years, effective April 1, 2025.
- Leadership Experience: Joined Suzuki Motor Corporation in 1986; served as MD & CEO since April 1, 2022.
- Strategic Move: Board approved amalgamation of Suzuki Motor Gujarat Private Limited into Maruti Suzuki India Ltd.
- Market Response: Maruti Suzuki’s shares rose to an intra-day high of ₹12,317.
