Maruti Suzuki Clarifies Startup Collaborations Have No Material Impact

Maruti Suzuki India Ltd has responded to a clarification sought by the stock exchanges regarding a news item about onboarding five startups. The company stated that the media report was based on a press release about its ongoing innovation program. These collaborations are aimed at co-creating incremental business solutions to improve operational efficiency and customer experience. Maruti Suzuki emphasized that these engagements do not involve any material commercial arrangements and are undertaken through a structured Innovation Program. The company confirmed it is not involved in any negotiations related to this matter and that the subject has no material impact on its operations, financial position, or performance, thus not triggering any disclosure requirements under SEBI regulations. They also confirmed no undisclosed information exists that could explain any trading price or volume movements.