Maruti Suzuki India Limited will raise prices on certain models by up to ₹20,000, effective September 2026. The automaker cited continuous sustained increases in input costs and elevated inflationary burdens as the primary drivers for the revision.

Price revision details

The price increase applies to select models within Maruti Suzuki's lineup. While the specific vehicles affected have not been detailed, the company confirmed the maximum hike stands at ₹20,000 per model.

Context behind the hike

In its exchange filing dated September 7, 2026, Maruti Suzuki noted that it had been making continuous efforts to mitigate cost impacts through internal cost reduction measures over the past few months. However, with the adverse cost environment enduring, the company stated it is constrained to pass on a portion of the increased costs to the market.

The company emphasized that it aims to keep the impact on customers to the minimum extent possible. Sanjeev Grover, Executive Officer & Company Secretary, signed the intimation sent to the National Stock Exchange of India Limited and BSE Limited.

Maruti Suzuki India Limited concluded its 45th Annual General Meeting on August 31, 2026. The meeting was held through video conferencing and other audio-visual means.

Shareholders approved the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. The Board of Directors’ report and the Auditors’ reports were also adopted.

Key Resolutions

The members voted on several ordinary resolutions during the session. All six resolutions were passed with requisite majority.

• Adoption of audited standalone financial statements for FY26
• Adoption of audited consolidated financial statements for FY26
• Declaration of dividend on equity shares
• Re-appointment of Director Kazunari Yamaguchi
• Re-appointment of Director Toshihiro Suzuki
• Ratification of remuneration for Cost Auditor M/s R.J. Goel & Co.

Both Mr. Kazunari Yamaguchi and Mr. Toshihiro Suzuki retired by rotation but were eligible and offered themselves for re-appointment.

Voting Results

The company provided an e-voting facility via Kfin Technologies Limited. The remote e-voting period ran from August 26, 2026, at 9:00 am to August 30, 2026, at 5:00 pm. Members attending the meeting could also vote electronically during the session.

Mr. Manish Gupta, Managing Partner of M/s RMG & Associates, served as the scrutinizer for both remote and in-meeting voting. Queries from members were addressed during the meeting.

The AGM concluded at 11:54 am. The final results and the scrutinizer’s report will be posted on the company website and communicated to stock exchanges simultaneously.

Resolution-wise Voting Breakdown

Promoter and promoter group shareholders held 184,406,476 shares and voted in favor of all resolutions. Public institutional investors participated actively, while public non-institutional participation was minimal.