Maruti Suzuki shareholders approve FY26 results, dividend at AGM
- Maruti Suzuki shareholders approved FY26 standalone and consolidated financials with 99.95% support
- Dividend declaration received near-unanimous backing at 100.00% approval rate
- Directors Kazunari Yamaguchi and Toshihiro Suzuki were reappointed with 98.61% and 98.75% support respectively
- All six ordinary resolutions passed at the 45th AGM held on August 31, 2026
*this image is generated using AI for illustrative purposes only.
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
| Resolution | Description | Votes In Favor (%) | Votes Against (%) | Status |
|---|---|---|---|---|
| 1 | Adopt standalone financials for FY26 | 99.95% | 0.05% | Passed |
| 2 | Adopt consolidated financials for FY26 | 99.95% | 0.05% | Passed |
| 3 | Declare dividend on equity shares | 100.00% | 0.00% | Passed |
| 4 | Re-appoint Kazunari Yamaguchi | 98.61% | 1.39% | Passed |
| 5 | Re-appoint Toshihiro Suzuki | 98.75% | 1.25% | Passed |
| 6 | Ratify Cost Auditor remuneration | 100.00% | 0.00% | Passed |
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.
Historical Stock Returns for Maruti Suzuki
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.66% | -1.75% | -11.01% | -6.63% | -22.98% | 0.0% |
How will the declared dividend yield for FY26 compare to historical averages and current market interest rates, impacting investor sentiment?
What strategic initiatives is Maruti Suzuki prioritizing to maintain its market dominance amid increasing competition from EV-focused competitors in FY27?
How might the re-appointment of key directors influence the company's long-term governance structure and alignment with Suzuki Motor Corporation's global strategy?
17
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
