“Timing Of Maruti's Guj Deal Surprising”
  • Prabha Hedge
  • Mar 14 2014

March 14: Maruti’s January 28 decision to let parent company, Suzuki Motors, set up and operate the Gujarat plant has not gone down well with investors. Institutional Investor Advisory Services’ Amit Tandon and Luthra & Luthra’s Mohit Saraf, discuss the issue in detail with Harsha Subramaniam. Tandon says, “Currently, the deal seems like a win-win situation for one shareholder at the expense of others.” Similarly, Saraf points out that the deal runs the risk of setting a wrong precedent.