Maruti Suzuki India Limited has updated stock exchanges regarding the latest proceedings in its ongoing National Company Law Appellate Tribunal (NCLAT) case. The hearing, which took place on March 25, 2026, saw further arguments presented before the tribunal, with the matter now scheduled for continuation on April 24, 2026.

Case Background and Timeline

The legal proceedings stem from a Competition Commission of India (CCI) order dated August 23, 2021, against the company. The NCLAT granted an interim stay on this CCI order through its ruling on November 22, 2021. Since then, the case has progressed through multiple stages, including the submission of written statements by both Maruti Suzuki and the CCI in May 2022.

Recent Hearing Developments

The March 25, 2026 hearing marked a continuation of arguments in the case. According to the company's disclosure, the tribunal heard further arguments from the parties involved. The proceedings have been adjourned to April 24, 2026, where additional arguments are expected to be presented.

Extensive Legal Journey

The case has witnessed numerous adjournments since its inception, reflecting the complex nature of the legal proceedings. The matter has been scheduled for hearing on multiple occasions throughout 2022, 2023, 2024, 2025, and now 2026. Key milestones include the commencement of arguments in February 2024 and their resumption in November 2025.

Regulatory Compliance

Maruti Suzuki has maintained consistent disclosure practices throughout the legal proceedings, filing regular updates under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Executive Officer and Company Secretary, Sanjeev Grover, signed the latest disclosure on March 25, 2026.

Current Status

The case remains under active consideration by the NCLAT, with the interim stay on the CCI's August 2021 order continuing to remain in effect. The next hearing is scheduled for April 24, 2026, where the tribunal is expected to hear further arguments from both parties before potentially reaching a conclusion on the matter.

Maruti Suzuki India Limited has announced significant changes in its Senior Management Personnel (SMP) structure, effective 1st April 2026. The automotive manufacturer disclosed these organizational changes following a board meeting held on 24th March 2026, which commenced at 12:30 PM and concluded at 2:15 PM.

Key Management Appointments and Transfers

The company has implemented strategic personnel changes across multiple departments to strengthen its operational structure. These changes involve both new appointments and internal transfers of experienced executives.

Executive Profiles and Experience

Mr. Ram Suresh Akella brings extensive experience to his new role as Head – Part & Accessories. Currently serving as Executive Officer – Service Vertical, he has dedicated over 33 years to MSIL, beginning his career with the company. His diverse experience spans various areas including Sales and Network Head at Arena channel and Commercial Business head of South region. He holds a bachelor's degree in Engineering from Andhra University and an MBA from Faculty of Management Studies, University of Delhi.

Mr. B S Suresh Babu has been designated as Head-Service, leveraging his substantial experience within the organization. Currently serving as Executive Vice President, he has been with MSIL for over 26 years and possesses extensive Pan-India Field Service experience. He holds a Bachelor's Degree in Engineering from Madras Institute of Technology, Chennai.

Organizational Restructuring Details

The changes reflect strategic repositioning within the company's leadership structure. Mr. SD Chhabra has been transferred from his position as Head - Part & Accessories to Production and will no longer serve as Senior Management Personnel. Meanwhile, Mr. Manoj Gautam has ceased to be Head-Information Technology due to superannuation.

Following Mr. Gautam's superannuation, Dr. Tapan Sahoo, currently Head - Digital Enterprise (DE) and Information & Cyber Security, will assume additional responsibilities for the Information Technology function. This consolidation demonstrates the company's approach to optimizing its digital and technology leadership structure.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. All appointments maintain existing full-time employment terms, ensuring continuity in the company's operational framework. The company has confirmed that there are no relationships between the appointed executives and existing directors, maintaining governance transparency.