VVS RAMARAJU

RAVI CHANDRA
REVANTH
RAVI SHAH
RAMYA
 HISTORY
 Maruti Udyog Limited (MUL) was established in
February 1981, though the actual production commenced
in 1983 with the Maruti 800.

 Itis listed on the Bombay Stock Exchange and National

Stock Exchange in India

 It
was the first company in India to mass-produce and sell
more than a million cars

 Itis the market leader in India and on 17 September

2007, Maruti Udyog Limited was renamed Maruti
Suzuki India Limited
 CORPORATE GOVERNANCE
 Maruti Suzuki had initiated good 'Corporate
Governance' practices even before Clause 49
became applicable and these practices form an
integral part of the company’s governance culture.

 In recent years, the Company has evolved Control

Self Assessment mechanism to valuate effectiveness
of internal controls over financial reporting.

 It strives to foster a corporate culture in which high

standards of ethical behavior, transparent disclosure
are ingrained in all its business dealings
DO THE COMPANY PRACTICE
GOVERNANCE?

 In
India, 'Corporate Governance' standards for listed
companies are stipulated by Securities and
Exchange Board of India ( SEBI) through a special
provision- Clause 49 of the Listing Agreement.

 Asa conscious and vigilant organization, Maruti

Suzuki had initiated good 'Corporate Governance'
practices even before Clause 49 became applicable
and these practices form an integral part of the
company’s governance culture.
CONTD…….
High standards of –

 Ethical behaviour
 Individual accountability

 Transparent disclosure

These are ingrained in all its business dealings and shared

by its Board of Directors, Management and Employees.
 WELFARE CAMPS

 MEDICAL SUPPORT & WELFARE

 EDUCATION TO UNDER PRIVILAGED

 EDUCATION PROGRAMME FOR MOTHERS

 EDUCATIONAL BENEFITS

 MARUTHI & KIDS

 ENVIRONMENT
 REMUNERATION PAID /
PAYABLE TO DIRECTORS
DURING 2009-10
Name of director Salary& Performanc Sitting Commission Total
Perquisites e linked fees
bonus
Mr. Shinzo 16,185,730 6,072,000 22,257,730
Nakanishi
Mr. Keiichi Asai 11,842,489 4,470,000 16,312,489
Mr. Kenichi 10,000 10,000
Ayukawa
Mr. Shuji Oishi 11,793,402 4,470,000 16,263,402
Mr. Tsuneo Ohashi 11,866,972 4,470,000 16,336,972
Mr. R. C. Bhargava 80,000 2,615,000 2,695,000

Mr. Amal Ganguli 110,000 1,400,000 1,510,000

Ms. Pallavi Shroff 70,000 775,000 845,000
Mr. Manvinder 10,000 325,000 335,000
Singh
Mr. Davinder Singh 90,000 925,000 1,015,000
 BOARD OF DIRECTORS
CHAIRMAN
M.R.C.BHARGAVA

MANAGING DIRECTOR & CEO

MR.SHINZO NAKA NISHI

DIRECTOR & MANAGING EXECUTIVE

OFFICER(SALES& MARKETING) MR.SHUJI OISHI

DIRECTOR & MANAGING EXECUTIVE

OFFICER(ENGINEERING) MR.KEIICHI ASAI
 DIRECTORS
MR.OSAMU SUZUKI

MR. KENICHI AYUKAWA

MR.AMAL GANGULI

MS.PALLAVISHROF
MR.MANVINDER SINGH BANGA

MR.DAVINDER DINGH BRAR

DIRECTOR & MANAGING EXECUTIVE OFFICER(PRODUCTION)

MR.TSUNEO OHASHI
 TYPES OF DIRECTORS

INDEPENDENT DIRECTORS

 Mr. Amal Ganguli

 Ms. Pallavi Shroff

 Manvinder Singh Banga

 Mr. Davinder Singh Brar

NOMINEE DIRECTOR
 Mr. Shinichi Takeuchi

 FUNCTIONAL DIRECTOR
 MR.SHINZO NAKA NISHI
 MARKET SHARE OVER THE YEARS

2008-09

2007-08
MARUTI
TATA
2006-07 HYUNDAI

2005-06

0 10 20 30 40 50 60
•Untilrecently, 18.28% of the company was owned by the Indian
government, and 54.2% by Suzuki of Japan

•The BJP-led government held an initial public offering of 25% of

the company in June 2003

•As of 10 May 2007, Govt. of India sold its complete share to

Indian financial institutions

•With this, Govt. of India no longer has a stake in Maruti Udyog

• It is listed in BSE and NSE as Maruti Suzuki India Ltd

• As on 10/03/2010 the value is Rs.1266.10
• Non promoter holding shares 1,32,291,620.00 (Current)
 CONCLUSION

 As a responsible corporate, Maruti Suzuki India Limited has

always believed in following highest standards of Corporate
Governance.

 Being a listed Company, every act of the Company, its Board

Members and its employees is the focus of public attention and
accordingly, there is a need to reinforce Maruti's commitment
towards maintaining highest standards of Corporate
Governance

 This Code of Business Conduct and Ethics helps ensure

compliance with their standards of business conduct &ethics
and also with regulatory requirements.
 Questions ?

Thank You !!!