Maruti Suzuki India Limited has updated stock exchanges regarding the status of its ongoing Competition Commission of India (CCI) hearing matter. The company filed the disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Hearing Status Update

The CCI hearing that was scheduled for April 24, 2026 has been completed with significant progress made in the proceedings. The matter was taken up for hearing on the scheduled date, wherein arguments on behalf of the company have been concluded.

Next Steps in Proceedings

Following the conclusion of the company's arguments, the matter has been adjourned to May 11, 2026. The next hearing will focus on arguments to be presented on behalf of the Competition Commission of India.

Regulatory Compliance

This disclosure represents a continuation of the company's regulatory obligations, building upon the previous disclosure dated March 25, 2026 regarding the same CCI matter. The company has maintained transparency with stakeholders by providing timely updates on the hearing schedule and proceedings status.

The notification was signed by Sanjeev Grover, Executive Officer and Company Secretary, and submitted to both the National Stock Exchange of India Limited and BSE Limited on April 24, 2026.

Maruti Suzuki has set an ambitious production target of 23.4 lakh vehicles for the fiscal year 2026, marking a significant milestone in the company's manufacturing expansion strategy. This record target demonstrates the automaker's confidence in market growth and its ability to scale operations effectively.

Production Target Details

The company's announcement of achieving 23.4 lakh car production for FY26 represents a substantial commitment to meeting growing market demand. This target reflects Maruti Suzuki's strategic positioning in the Indian automotive sector and its focus on expanding manufacturing capabilities.

Strategic Implications

This production target announcement signals Maruti Suzuki's bullish outlook on the Indian automotive market. The company's decision to set such an ambitious target indicates strong confidence in consumer demand and the overall market trajectory. The target also reflects the automaker's commitment to maintaining its leadership position in the Indian passenger vehicle segment.

Manufacturing Capacity

The 23.4 lakh vehicle production target for FY26 showcases Maruti Suzuki's manufacturing prowess and operational efficiency. This ambitious goal will likely require optimal utilization of existing facilities and potentially enhanced production processes to meet the projected volumes within the specified timeframe.