Maruti Suzuki India Limited , the country's leading automobile manufacturer, has taken a significant step towards enhancing road safety and driving standards in Rajasthan. The company recently signed a Memorandum of Agreement with the Transport Department, Government of Rajasthan, to set up 21 automated driving license test tracks across the state under its Corporate Social Responsibility (CSR) programme.

Expansion of Automated Driving Test Tracks

The agreement, signed in the presence of Chief Minister Bhajan Lal Sharma and Deputy Chief Minister Prem Chand Bairwa, outlines plans to establish these advanced tracks in 20 cities throughout Rajasthan. Key locations include:

• Jaipur
• Jodhpur
• Kota
• Udaipur

This initiative will significantly expand Maruti Suzuki's footprint in driving test automation, bringing its total count of Automated Driving Test Tracks (ADTTs) to 66 nationwide.

Advanced Technology for Accurate Testing

Each Automated Driving Test Track will be equipped with state-of-the-art technology to ensure accurate and unbiased testing of driving skills. The tracks will feature:

• High-definition cameras
• RFID sensors
• Video analytics
• Integrated IT systems

These technologies will work in tandem to provide computerized testing for both two-wheeler and light motor vehicle licenses, adhering to the Central Motor Vehicle Rules.

Objectives and Benefits

The primary aims of this initiative include:

1. Reducing human error in the testing process
2. Eliminating potential bias in license issuance
3. Enhancing overall road safety standards

By automating the driving test process, Maruti Suzuki and the Rajasthan government aim to ensure that only skilled and competent drivers receive licenses, potentially leading to safer roads and reduced accidents.

Maruti Suzuki's Commitment to Road Safety

This agreement is part of Maruti Suzuki's broader commitment to improving road safety across India. The company has already established similar automated tracks in several states, including:

• Uttar Pradesh
• Delhi
• Bihar
• Uttarakhand
• Haryana
• Jammu

In addition to the ADTTs, Maruti Suzuki has also set up:

• 8 Institutes of Driving and Traffic Research
• 23 Road Safety Knowledge Centres

These institutions, established in collaboration with various state governments, further underscore the company's dedication to promoting safe driving practices and road safety awareness.

The partnership between Maruti Suzuki and the Rajasthan government represents a significant step towards modernizing the driving license issuance process and improving road safety standards in the state. As this initiative rolls out, it is expected to have a positive impact on driving skills and traffic management in Rajasthan's urban centers.

Maruti Suzuki India Ltd. , one of India's leading automobile manufacturers, witnessed a significant block trade on the National Stock Exchange (NSE). The transaction involved approximately 71,579 shares changing hands at a price of Rs. 14,750.00 per share, amounting to a total value of Rs. 105.58 crores.

Block Trade Details

The block deal represents a substantial institutional trade in Maruti Suzuki's stock, indicating strong interest from large investors. Here's a breakdown of the transaction:

This block trade demonstrates continued investor confidence in Maruti Suzuki, India's largest passenger vehicle manufacturer.

Recent Corporate Developments

In other news, Maruti Suzuki recently held its 44th Annual General Meeting (AGM). The meeting, conducted through video conferencing and other audio-visual means, addressed several key agenda items:

1. Adoption of financial statements
2. Declaration of dividend on equity shares
3. Appointment and re-appointment of directors
4. Appointment of statutory auditors
5. Alteration of the Object Clause in the company's Memorandum of Association
6. Appointment of secretarial auditors

The AGM also saw the re-appointment of Mr. Kenichi Ayukawa and Mr. Kenichiro Toyofuku as directors, both of whom were eligible for re-election after retiring by rotation.

Conclusion

The substantial block trade on the NSE, coupled with the company's recent AGM proceedings, underscores Maruti Suzuki's prominent position in the Indian automotive sector. As the company continues to navigate the evolving automotive landscape, investors and market watchers will be keen to observe its future performance and strategic decisions.