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Home › Companies › MARUTI SUZUKI INDIA LTD. › 2023-2024

MARUTI SUZUKI INDIA LTD. 2023-2024 Proxy Voting Records

At MARUTI SUZUKI INDIA LTD.'s 3 shareholder meetings in the 2023-2024 proxy season (held August 29, 2023, November 16, 2023 and March 15, 2024), 70 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,830 separate fund positions. Their filings are grouped here into 35 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Accept Consolidated Financial Statements and Statutory Reports — the reporting funds and managers cast 100% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 35Reported items
  • 70Asset managers
  • 1,830Fund votes
  • August 29, 2023Main meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from MARUTI SUZUKI INDIA LTD. has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore MARUTI SUZUKI INDIA LTD. in the interactive database Compare manager voting policies

How asset managers voted at the MARUTI SUZUKI INDIA LTD. 2023-2024 meetings

Each item below shows how the 70 asset managers that disclosed a MARUTI SUZUKI INDIA LTD. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of MARUTI SUZUKI INDIA LTD.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Yukihiro Yamashita as Director and Approve Appointment of Yukihiro Yamashita as Whole-time Director designated as…

Meeting held August 29, 2023; no official results are on file for this meeting.

85% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: description as filed, votes by 55 asset managers

Description as filed by funds: Elect Yukihiro Yamashita as Director and Approve Appointment of Yukihiro Yamashita as Whole-time Director designated as Joint Managing Director (Engineering and Quality Assurance)

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 53 asset managers voting on “Elect Yukihiro Yamashita as Director and Approve Appointment of Yukihiro Yamashita as Whole-time Director desi” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard3,967,4740 00For
Capital Group3,803,9650 00For
BlackRock3,512,7250 00For
Fidelity774,191822,523 00Mixed
T. Rowe Price467,1290 00For
Calvert0448,514 00Against
Legg Mason0444,185 00Against
MATTHEWS INTERNATIONAL FUNDS0261,070 00Against
TIAA259,8210 00For
Aberdeen257,9390 00For
State Street0223,234 00Against
INDIA FUND, INC.136,9520 00For
WisdomTree0121,128 00Against
Dimensional0114,259 00Against
Brighthouse87,279968 00For
Northwestern Mutual81,9980 00For
Columbia Threadneedle68,1470 00For
Goldman Sachs64,8180 00For
EMERGING MARKETS GROWTH FUND INC60,2490 00For
Brinker Capital Destinations Trust50,0590 00For
AllianceBernstein47,6290 00For
Franklin Templeton040,750 00Against
Invesco038,382 00Against
BNY Mellon34,7701,999 00Mixed
Northern Trust036,605 00Against

Fund voting reports, all 53 managers: 13,763,344 for, 2,780,723 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Elect Yukihiro Yamashita as Director and Approve Appointment of Yukihiro Yamashita as Whole-time Director desi” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP800,0000 00For
RWC ASSET ADVISORS (US) LLC608,4870 00For

Institutional-manager reports, all 2 managers: 1,408,487 for.

2. Reelect Kenichi Ayukawa as Director

Meeting held August 29, 2023; no official results are on file for this meeting.

59% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 55 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 53 asset managers voting on “Reelect Kenichi Ayukawa as Director” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard3,967,4740 00For
Capital Group3,803,9650 00For
BlackRock03,512,725 00Against
Fidelity18,1371,578,577 00Against
T. Rowe Price467,1290 00For
Calvert0448,514 00Against
Legg Mason0444,185 00Against
MATTHEWS INTERNATIONAL FUNDS0261,070 00Against
TIAA259,8210 00For
Aberdeen257,9390 00For
State Street0223,234 00Against
INDIA FUND, INC.136,9520 00For
WisdomTree0121,128 00Against
Dimensional0114,259 00Against
Brighthouse87,279968 00For
Northwestern Mutual81,9980 00For
Columbia Threadneedle068,147 00Against
Goldman Sachs064,818 00Against
EMERGING MARKETS GROWTH FUND INC60,2490 00For
Brinker Capital Destinations Trust050,059 00Against
AllianceBernstein47,6290 00For
Franklin Templeton040,750 00Against
Invesco038,382 00Against
BNY Mellon036,769 00Against
Northern Trust036,605 00Against

Fund voting reports, all 53 managers: 9,232,861 for, 7,311,206 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Reelect Kenichi Ayukawa as Director” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP800,0000 00For
RWC ASSET ADVISORS (US) LLC608,4870 00For

Institutional-manager reports, all 2 managers: 1,408,487 for.

3. Reelect Kinji Saito as Director

Meeting held August 29, 2023; no official results are on file for this meeting.

84% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 55 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 53 asset managers voting on “Reelect Kinji Saito as Director” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard3,967,4740 00For
Capital Group3,803,9650 00For
BlackRock3,512,7250 00For
Fidelity774,191822,523 00Mixed
T. Rowe Price467,1290 00For
Calvert0448,514 00Against
Legg Mason0444,185 00Against
MATTHEWS INTERNATIONAL FUNDS0261,070 00Against
TIAA259,8210 00For
Aberdeen257,9390 00For
State Street0223,234 00Against
INDIA FUND, INC.136,9520 00For
WisdomTree0121,128 00Against
Dimensional0114,259 00Against
Brighthouse87,279968 00For
Northwestern Mutual81,9980 00For
Columbia Threadneedle68,1470 00For
Goldman Sachs064,818 00Against
EMERGING MARKETS GROWTH FUND INC60,2490 00For
Brinker Capital Destinations Trust050,059 00Against
AllianceBernstein47,6290 00For
Franklin Templeton040,750 00Against
Invesco038,382 00Against
BNY Mellon036,769 00Against
Northern Trust036,605 00Against

Fund voting reports, all 53 managers: 13,582,657 for, 2,961,410 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Reelect Kinji Saito as Director” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP800,0000 00For
RWC ASSET ADVISORS (US) LLC608,4870 00For

Institutional-manager reports, all 2 managers: 1,408,487 for.

4. Approve Appointment and Remuneration of Kazunari Yamaguchi as Whole-time Director Designated as Director (Production)

Meeting held March 15, 2024; no official results are on file for this meeting.

81% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 50 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 48 asset managers voting on “Approve Appointment and Remuneration of Kazunari Yamaguchi as Whole-time Director Designated as Director (Prod” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Capital Group4,877,5810 00For
Vanguard3,973,1460 00For
BlackRock3,585,1970 00For
Fidelity0794,008 00Against
Legg Mason0443,990 00Against
TIAA260,4820 00For
State Street0245,059 00Against
Calvert0225,463 00Against
WisdomTree0213,779 00Against
Aberdeen0173,153 00Against
Dimensional0172,160 00Against
Voya0166,882 00Against
INDIA FUND, INC.0108,365 00Against
Columbia Threadneedle74,4390 00For
Northwestern Mutual074,280 00Against
Brighthouse072,916 00Against
Franklin Templeton069,817 00Against
MATTHEWS INTERNATIONAL FUNDS064,012 00Against
EMERGING MARKETS GROWTH FUND INC60,2490 00For
Brinker Capital Destinations Trust51,5150 00For
American Century049,291 00Against
Invesco041,660 00Against
Northern Trust040,297 00Against
GREATER INDIA PORTFOLIO40,1260 00For
AllianceBernstein38,5100 00For

Fund voting reports, all 48 managers: 12,994,097 for, 3,105,834 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Approve Appointment and Remuneration of Kazunari Yamaguchi as Whole-time Director Designated as Director (Prod” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC187,6370 00For
RWC Asset Management LLP2,6500 00For

Institutional-manager reports, all 2 managers: 190,287 for.

5. Elect Kazunari Yamaguchi as Director

Meeting held March 15, 2024; no official results are on file for this meeting.

84% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 50 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 48 asset managers voting on “Elect Kazunari Yamaguchi as Director” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Capital Group4,877,5810 00For
Vanguard3,973,1460 00For
BlackRock3,585,1970 00For
Fidelity0794,008 00Against
Legg Mason0443,990 00Against
TIAA260,4820 00For
State Street0245,059 00Against
Calvert0225,463 00Against
WisdomTree0213,779 00Against
Aberdeen173,1530 00For
Dimensional0172,160 00Against
Voya0166,882 00Against
INDIA FUND, INC.108,3650 00For
Columbia Threadneedle74,4390 00For
Northwestern Mutual74,2800 00For
Brighthouse71,2391,677 00For
Franklin Templeton069,817 00Against
MATTHEWS INTERNATIONAL FUNDS064,012 00Against
EMERGING MARKETS GROWTH FUND INC60,2490 00For
Brinker Capital Destinations Trust051,515 00Against
American Century049,291 00Against
Invesco041,660 00Against
Northern Trust040,297 00Against
GREATER INDIA PORTFOLIO40,1260 00For
AllianceBernstein38,5100 00For

Fund voting reports, all 48 managers: 13,369,619 for, 2,730,312 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Elect Kazunari Yamaguchi as Director” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP369,3140 00For
RWC ASSET ADVISORS (US) LLC187,6370 00For

Institutional-manager reports, all 2 managers: 556,951 for.

6. Appointment of MR. kazunari yamaguchi (DIN: 07961388) as a director of the company

Meeting held March 15, 2024; no official results are on file for this meeting.

0.9% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 8 asset managers

Description as filed by funds: APPOINTMENT OF MR. KAZUNARI YAMAGUCHI (DIN: 07961388) AS A DIRECTOR OF THE COMPANY

The 8 asset managers below reported 5,911 for, 666,317 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 5,911AGAINST: 666,317
Largest asset managers voting on “APPOINTMENT OF MR. KAZUNARI YAMAGUCHI (DIN: 07961388) AS A DIRECTOR OF THE COMPANY” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
HARDING LOEVNER FUNDS INC0526,004 00Against
JPMorgan087,721 00Against
John Hancock033,101 00Against
Jackson National4,58317,372 00Mixed
Krane Shares Trust02,119 00Against
Advisors' Inner Circle Fund III7980 00For
GPS Funds I5300 00For
FINANCIAL INVESTORS TRUST00 00--

7. Appointment of MR. kazunari yamaguchi (DIN: 07961388) as a whole-time director designated as director (production)

Meeting held March 15, 2024; no official results are on file for this meeting.

79% of fund votes cast · no official result

FORAGAINST
Details: description as filed, votes by 8 asset managers

Description as filed by funds: APPOINTMENT OF MR. KAZUNARI YAMAGUCHI (DIN: 07961388) AS A WHOLE-TIME DIRECTOR DESIGNATED AS DIRECTOR (PRODUCTION)

The 8 asset managers below reported 534,034 for, 138,194 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 534,034AGAINST: 138,194
Largest asset managers voting on “APPOINTMENT OF MR. KAZUNARI YAMAGUCHI (DIN: 07961388) AS A WHOLE-TIME DIRECTOR DESIGNATED AS DIRECTOR (PRODUCT” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
HARDING LOEVNER FUNDS INC526,0040 00For
JPMorgan087,721 00Against
John Hancock033,101 00Against
Jackson National4,58317,372 00Mixed
Krane Shares Trust2,1190 00For
Advisors' Inner Circle Fund III7980 00For
GPS Funds I5300 00For
FINANCIAL INVESTORS TRUST00 00--

8. Appointment of Kazunari Yamaguchi (Whole-time Director); Approval of Remuneration

Meeting held March 15, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 8 asset managers

The 8 asset managers below reported 393,682 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 393,682
Largest asset managers voting on “Appointment of Kazunari Yamaguchi (Whole-time Director); Approval of Remuneration” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab270,8810 00For
Russell Investments67,0000 00For
SEI23,7530 00For
Mercer Funds13,5000 00For
Transamerica10,8520 00For
Vanguard5,3730 00For
Global X1,4150 00For
Federated Hermes9080 00For

9. Elect Kazunari Yamaguchi

No official resultsDIRECTOR ELECTIONS

Meeting held March 15, 2024; no official results are on file for this meeting.

21% of fund votes cast · no official result

FORAGAINST
Details: votes by 8 asset managers

The 8 asset managers below reported 84,133 for, 309,549 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 84,133AGAINST: 309,549
Largest asset managers voting on “Elect Kazunari Yamaguchi” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab0270,881 00Against
Russell Investments67,0000 00For
SEI023,753 00Against
Mercer Funds013,500 00Against
Transamerica10,8520 00For
Vanguard5,3730 00For
Global X01,415 00Against
Federated Hermes9080 00For

10. To appoint MR. yukihiro yamashita (DIN:10237093) as a director and whole-time director designated as joint managing…

Meeting held August 29, 2023; no official results are on file for this meeting.

84% of fund votes cast · no official result

FORAGAINST
Details: description as filed, votes by 7 asset managers

Description as filed by funds: TO APPOINT MR. YUKIHIRO YAMASHITA (DIN:10237093) AS A DIRECTOR AND WHOLE-TIME DIRECTOR DESIGNATED AS JOINT MANAGING DIRECTOR (ENGINEERING AND QUALITY ASSURANCE) AND IN THIS REGARD PASS THE FOLLOWING RESOLUTIONS AS ORDINARY RESOLUTIONS

The 7 asset managers below reported 692,721 for, 136,171 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 692,721AGAINST: 136,171
Largest asset managers voting on “TO APPOINT MR. YUKIHIRO YAMASHITA (DIN:10237093) AS A DIRECTOR AND WHOLE-TIME DIRECTOR DESIGNATED AS JOINT MAN” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
HARDING LOEVNER FUNDS INC686,7560 00For
JPMorgan085,146 00Against
John Hancock035,119 00Against
Jackson National4,44015,906 00Mixed
Krane Shares Trust9950 00For
GPS Funds I5300 00For
FINANCIAL INVESTORS TRUST00 00--

11. Elect Kenichi Ayukawa

No official resultsDIRECTOR ELECTIONS

Meeting held August 29, 2023; no official results are on file for this meeting.

4% of fund votes cast · no official result

AGAINST
Details: votes by 6 asset managers

The 6 asset managers below reported 16,820 for, 380,686 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 16,820AGAINST: 380,686
Largest asset managers voting on “Elect Kenichi Ayukawa” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab0290,374 00Against
Russell Investments070,052 00Against
SEI020,198 00Against
Transamerica11,7520 00For
Vanguard5,0680 00For
Federated Hermes062 00Against

12. Elect Kinji Saito

No official resultsDIRECTOR ELECTIONS

Meeting held August 29, 2023; no official results are on file for this meeting.

4% of fund votes cast · no official result

AGAINST
Details: votes by 6 asset managers

The 6 asset managers below reported 16,820 for, 380,686 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 16,820AGAINST: 380,686
Largest asset managers voting on “Elect Kinji Saito” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab0290,374 00Against
Russell Investments070,052 00Against
SEI020,198 00Against
Transamerica11,7520 00For
Vanguard5,0680 00For
Federated Hermes062 00Against

13. Elect and Appoint Yukihiro Yamashita (Whole-time Director designated as Joint Managing Director (Engineering and…

No official resultsDIRECTOR ELECTIONS

Meeting held August 29, 2023; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 6 asset managers

Description as filed by funds: Elect and Appoint Yukihiro Yamashita (Whole-time Director designated as Joint Managing Director (Engineering and Quality Assurance)); Approve Remuneration

The 6 asset managers below reported 397,506 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 397,506
Largest asset managers voting on “Elect and Appoint Yukihiro Yamashita (Whole-time Director designated as Joint Managing Director (Engineering a” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab290,3740 00For
Russell Investments70,0520 00For
SEI20,1980 00For
Transamerica11,7520 00For
Vanguard5,0680 00For
Federated Hermes620 00For

14. Resolved that pursuant to the article 76(5) of the articles of association of the company read with section 152 and…

Meeting held August 29, 2023; no official results are on file for this meeting.

0.6% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 7 asset managers

Description as filed by funds: RESOLVED THAT PURSUANT TO THE ARTICLE 76(5) OF THE ARTICLES OF ASSOCIATION OF THE COMPANY READ WITH SECTION 152 AND OTHER APPLICABLE PROVISIONS, IF ANY, OF THE COMPANIES ACT, 2013, MR. KENICHI AYUKAWA (DIN: 02262755) WHO RETIRES BY ROTATION AND BEING ELIGIBLE FOR RE-APPOINTMENT, BE AND IS HEREBY RE-APPOINTED AS A DIRECTOR OF THE COMPANY, LIABLE TO RETIRE BY ROTATION

The 7 asset managers below reported 4,440 for, 824,452 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 4,440AGAINST: 824,452
Largest asset managers voting on “RESOLVED THAT PURSUANT TO THE ARTICLE 76(5) OF THE ARTICLES OF ASSOCIATION OF THE COMPANY READ WITH SECTION 15” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
HARDING LOEVNER FUNDS INC0686,756 00Against
JPMorgan085,146 00Against
John Hancock035,119 00Against
Jackson National4,44015,906 00Mixed
Krane Shares Trust0995 00Against
GPS Funds I0530 00Against
FINANCIAL INVESTORS TRUST00 00--

15. Resolved that pursuant to the article 76(5) of the articles of association of the company read with section 152 and…

Meeting held August 29, 2023; no official results are on file for this meeting.

0.6% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 7 asset managers

Description as filed by funds: RESOLVED THAT PURSUANT TO THE ARTICLE 76(5) OF THE ARTICLES OF ASSOCIATION OF THE COMPANY READ WITH SECTION 152 AND OTHER APPLICABLE PROVISIONS, IF ANY, OF THE COMPANIES ACT, 2013, MR. KINJI SAITO (DIN: 00049067) WHO RETIRES BY ROTATION AND BEING ELIGIBLE FOR REAPPOINTMENT, BE AND IS HEREBY RE- APPOINTED AS A DIRECTOR OF THE COMPANY, LIABLE TO RETIRE BY ROTATION

The 7 asset managers below reported 4,440 for, 824,452 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 4,440AGAINST: 824,452
Largest asset managers voting on “RESOLVED THAT PURSUANT TO THE ARTICLE 76(5) OF THE ARTICLES OF ASSOCIATION OF THE COMPANY READ WITH SECTION 15” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
HARDING LOEVNER FUNDS INC0686,756 00Against
JPMorgan085,146 00Against
John Hancock035,119 00Against
Jackson National4,44015,906 00Mixed
Krane Shares Trust0995 00Against
GPS Funds I0530 00Against
FINANCIAL INVESTORS TRUST00 00--

16. Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights

Meeting held November 16, 2023; no official results are on file for this meeting.

99.9% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 53 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 51 asset managers voting on “Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard3,952,6010 00For
Capital Group3,810,5250 00For
BlackRock3,412,5070 00For
Fidelity1,379,9780 00For
Legg Mason456,5730 00For
T. Rowe Price455,7820 00For
Calvert423,1970 00For
TIAA260,4480 00For
MATTHEWS INTERNATIONAL FUNDS251,3550 00For
State Street227,8070 00For
Aberdeen212,2490 00For
WisdomTree162,5360 00For
INDIA FUND, INC.136,9520 00For
Dimensional117,1290 00For
Brighthouse88,2470 00For
Northwestern Mutual81,9980 00For
Columbia Threadneedle66,7490 00For
EMERGING MARKETS GROWTH FUND INC60,2490 00For
Brinker Capital Destinations Trust51,5150 00For
Franklin Templeton48,2840 00For
American Century48,1930 00For
AllianceBernstein44,6960 00For
Invesco38,2700 00For
GREATER INDIA PORTFOLIO36,0060 00For
Northern Trust35,8410 00For

Fund voting reports, all 51 managers: 16,090,436 for, 8,949 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP834,4830 00For
RWC ASSET ADVISORS (US) LLC605,8540 00For

Institutional-manager reports, all 2 managers: 1,440,337 for.

17. To create, offer, issue and allot equity shares on preferential basis for consideration other than cash

Meeting held November 16, 2023; no official results are on file for this meeting.

89% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: TO CREATE, OFFER, ISSUE AND ALLOT EQUITY SHARES ON PREFERENTIAL BASIS FOR CONSIDERATION OTHER THAN CASH

The 7 asset managers below reported 702,622 for, 86,296 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 702,622AGAINST: 86,296
Largest asset managers voting on “TO CREATE, OFFER, ISSUE AND ALLOT EQUITY SHARES ON PREFERENTIAL BASIS FOR CONSIDERATION OTHER THAN CASH” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
HARDING LOEVNER FUNDS INC645,3530 00For
JPMorgan085,007 00Against
John Hancock34,4350 00For
Jackson National21,0431,289 00Mixed
Krane Shares Trust1,2610 00For
GPS Funds I5300 00For
FINANCIAL INVESTORS TRUST00 00--

18. Issuance of Shares

No official resultsCAPITAL STRUCTURE

Meeting held November 16, 2023; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 402,752 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 402,752
Largest asset managers voting on “Issuance of Shares” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab284,0920 00For
Russell Investments70,0520 00For
SEI32,1800 00For
Transamerica11,6840 00For
Vanguard4,6840 00For
Federated Hermes600 00For

19. Accept Consolidated Financial Statements and Statutory Reports

Meeting held August 29, 2023; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 55 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 53 asset managers voting on “Accept Consolidated Financial Statements and Statutory Reports” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard3,967,4740 00For
Capital Group3,803,9650 00For
BlackRock3,512,7250 00For
Fidelity1,596,7140 00For
T. Rowe Price467,1290 00For
Calvert448,5140 00For
Legg Mason444,1850 00For
MATTHEWS INTERNATIONAL FUNDS261,0700 00For
TIAA259,8210 00For
Aberdeen257,9390 00For
State Street223,2340 00For
INDIA FUND, INC.136,9520 00For
WisdomTree121,1280 00For
Dimensional114,2590 00For
Brighthouse88,2470 00For
Northwestern Mutual81,9980 00For
Columbia Threadneedle68,1470 00For
Goldman Sachs64,8180 00For
EMERGING MARKETS GROWTH FUND INC60,2490 00For
Brinker Capital Destinations Trust50,0590 00For
AllianceBernstein47,6290 00For
Franklin Templeton40,7500 00For
Invesco38,3820 00For
BNY Mellon36,7690 00For
Northern Trust36,6050 00For

Fund voting reports, all 53 managers: 16,544,067 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Accept Consolidated Financial Statements and Statutory Reports” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP19,628,3000 00For
RWC ASSET ADVISORS (US) LLC608,4870 00For

Institutional-manager reports, all 2 managers: 20,236,787 for.

20. Accept Standalone Financial Statements and Statutory Reports

Meeting held August 29, 2023; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 55 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 53 asset managers voting on “Accept Standalone Financial Statements and Statutory Reports” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard3,967,4740 00For
Capital Group3,803,9650 00For
BlackRock3,512,7250 00For
Fidelity1,596,7140 00For
T. Rowe Price467,1290 00For
Calvert448,5140 00For
Legg Mason444,1850 00For
MATTHEWS INTERNATIONAL FUNDS261,0700 00For
TIAA259,8210 00For
Aberdeen257,9390 00For
State Street223,2340 00For
INDIA FUND, INC.136,9520 00For
WisdomTree121,1280 00For
Dimensional114,2590 00For
Brighthouse88,2470 00For
Northwestern Mutual81,9980 00For
Columbia Threadneedle68,1470 00For
Goldman Sachs64,8180 00For
EMERGING MARKETS GROWTH FUND INC60,2490 00For
Brinker Capital Destinations Trust50,0590 00For
AllianceBernstein47,6290 00For
Franklin Templeton40,7500 00For
Invesco38,3820 00For
BNY Mellon36,7690 00For
Northern Trust36,6050 00For

Fund voting reports, all 53 managers: 16,544,067 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Accept Standalone Financial Statements and Statutory Reports” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP19,628,3000 00For
RWC ASSET ADVISORS (US) LLC608,4870 00For

Institutional-manager reports, all 2 managers: 20,236,787 for.

21. Approve Dividend

Meeting held August 29, 2023; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 55 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 53 asset managers voting on “Approve Dividend” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard3,967,4740 00For
Capital Group3,803,9650 00For
BlackRock3,512,7250 00For
Fidelity1,596,7140 00For
T. Rowe Price467,1290 00For
Calvert448,5140 00For
Legg Mason444,1850 00For
MATTHEWS INTERNATIONAL FUNDS261,0700 00For
TIAA259,8210 00For
Aberdeen257,9390 00For
State Street223,2340 00For
INDIA FUND, INC.136,9520 00For
WisdomTree121,1280 00For
Dimensional114,2590 00For
Brighthouse88,2470 00For
Northwestern Mutual81,9980 00For
Columbia Threadneedle68,1470 00For
Goldman Sachs64,8180 00For
EMERGING MARKETS GROWTH FUND INC60,2490 00For
Brinker Capital Destinations Trust50,0590 00For
AllianceBernstein47,6290 00For
Franklin Templeton40,7500 00For
Invesco38,3820 00For
BNY Mellon36,7690 00For
Northern Trust36,6050 00For

Fund voting reports, all 53 managers: 16,544,067 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Approve Dividend” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC608,4870 00For
RWC Asset Management LLP1,8000 00For

Institutional-manager reports, all 2 managers: 610,287 for.

22. Resolved that pursuant to the recommendation of the board of directors of the company, dividend at the rate of INR 90…

Meeting held August 29, 2023; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: RESOLVED THAT PURSUANT TO THE RECOMMENDATION OF THE BOARD OF DIRECTORS OF THE COMPANY, DIVIDEND AT THE RATE OF INR 90 PER EQUITY SHARE BE AND IS HEREBY DECLARED TO BE PAID TO THE MEMBERS OF THE COMPANY

The 7 asset managers below reported 828,892 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 828,892
Largest asset managers voting on “RESOLVED THAT PURSUANT TO THE RECOMMENDATION OF THE BOARD OF DIRECTORS OF THE COMPANY, DIVIDEND AT THE RATE OF” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
HARDING LOEVNER FUNDS INC686,7560 00For
JPMorgan85,1460 00For
John Hancock35,1190 00For
Jackson National20,3460 00For
Krane Shares Trust9950 00For
GPS Funds I5300 00For
FINANCIAL INVESTORS TRUST00 00--

23. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

Meeting held August 29, 2023; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 397,506 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 397,506
Largest asset managers voting on “Allocation of Profits/Dividends” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab290,3740 00For
Russell Investments70,0520 00For
SEI20,1980 00For
Transamerica11,7520 00For
Vanguard5,0680 00For
Federated Hermes620 00For

24. Consolidated Accounts and Reports

No official resultsCORPORATE GOVERNANCE

Meeting held August 29, 2023; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 397,506 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 397,506
Largest asset managers voting on “Consolidated Accounts and Reports” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab290,3740 00For
Russell Investments70,0520 00For
SEI20,1980 00For
Transamerica11,7520 00For
Vanguard5,0680 00For
Federated Hermes620 00For

25. Standalone Accounts and Reports

No official resultsCORPORATE GOVERNANCE

Meeting held August 29, 2023; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 397,506 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 397,506
Largest asset managers voting on “Standalone Accounts and Reports” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab290,3740 00For
Russell Investments70,0520 00For
SEI20,1980 00For
Transamerica11,7520 00For
Vanguard5,0680 00For
Federated Hermes620 00For

26. Approve Material Related Party Transactions with Suzuki Motor Corporation

Meeting held November 16, 2023; no official results are on file for this meeting.

99.9% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 53 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 51 asset managers voting on “Approve Material Related Party Transactions with Suzuki Motor Corporation” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard3,952,6010 00For
Capital Group3,810,5250 00For
BlackRock3,412,5070 00For
Fidelity1,379,9780 00For
Legg Mason456,5730 00For
T. Rowe Price455,7820 00For
Calvert423,1970 00For
TIAA260,4480 00For
MATTHEWS INTERNATIONAL FUNDS251,3550 00For
State Street227,8070 00For
Aberdeen212,2490 00For
WisdomTree162,5360 00For
INDIA FUND, INC.136,9520 00For
Dimensional117,1290 00For
Brighthouse88,2470 00For
Northwestern Mutual81,9980 00For
Columbia Threadneedle66,7490 00For
EMERGING MARKETS GROWTH FUND INC60,2490 00For
Brinker Capital Destinations Trust51,5150 00For
Franklin Templeton48,2840 00For
American Century48,1930 00For
AllianceBernstein44,6960 00For
Invesco38,2700 00For
GREATER INDIA PORTFOLIO36,0060 00For
Northern Trust35,8410 00For

Fund voting reports, all 51 managers: 16,090,436 for, 8,949 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Approve Material Related Party Transactions with Suzuki Motor Corporation” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP753,5340 00For
RWC ASSET ADVISORS (US) LLC605,8540 00For

Institutional-manager reports, all 2 managers: 1,359,388 for.

27. To approve related party transaction

Meeting held November 16, 2023; no official results are on file for this meeting.

89% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: TO APPROVE RELATED PARTY TRANSACTION

The 7 asset managers below reported 702,622 for, 86,296 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 702,622AGAINST: 86,296
Largest asset managers voting on “TO APPROVE RELATED PARTY TRANSACTION” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
HARDING LOEVNER FUNDS INC645,3530 00For
JPMorgan085,007 00Against
John Hancock34,4350 00For
Jackson National21,0431,289 00Mixed
Krane Shares Trust1,2610 00For
GPS Funds I5300 00For
FINANCIAL INVESTORS TRUST00 00--

28. Related Party Transaction

No official resultsCORPORATE GOVERNANCE

Meeting held November 16, 2023; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 402,752 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 402,752
Largest asset managers voting on “Related Party Transaction” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab284,0920 00For
Russell Investments70,0520 00For
SEI32,1800 00For
Transamerica11,6840 00For
Vanguard4,6840 00For
Federated Hermes600 00For

29. Approve Remuneration of Cost Auditors

No official resultsFund totals may overlapCOMPENSATIONCORPORATE GOVERNANCE

Meeting held August 29, 2023; no official results are on file for this meeting.

98% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 55 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 53 asset managers voting on “Approve Remuneration of Cost Auditors” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard3,967,4740 00For
Capital Group3,803,9650 00For
BlackRock3,512,7250 00For
Fidelity1,596,7140 00For
T. Rowe Price467,1290 00For
Calvert448,5140 00For
Legg Mason444,1850 00For
MATTHEWS INTERNATIONAL FUNDS261,0700 00For
TIAA259,8210 00For
Aberdeen257,9390 00For
State Street223,2340 00For
INDIA FUND, INC.136,9520 00For
WisdomTree121,1280 00For
Dimensional114,2590 00For
Brighthouse88,2470 00For
Northwestern Mutual81,9980 00For
Columbia Threadneedle68,1470 00For
Goldman Sachs64,8180 00For
EMERGING MARKETS GROWTH FUND INC60,2490 00For
Brinker Capital Destinations Trust50,0590 00For
AllianceBernstein47,6290 00For
Franklin Templeton40,7500 00For
Invesco38,3820 00For
BNY Mellon36,7690 00For
Northern Trust36,6050 00For

Fund voting reports, all 53 managers: 16,544,067 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Approve Remuneration of Cost Auditors” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC608,4870 00For
RWC Asset Management LLP0421,204 00Against

Institutional-manager reports, all 2 managers: 608,487 for, 421,204 against.

30. Resolved that pursuant to the provisions of section 148 and other applicable provisions, if any, of the companies act…

Meeting held August 29, 2023; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: RESOLVED THAT PURSUANT TO THE PROVISIONS OF SECTION 148 AND OTHER APPLICABLE PROVISIONS, IF ANY, OF THE COMPANIES ACT, 2013 AND THE RULES MADE THEREUNDER, THE REMUNERATION OF M/S R.J. GOEL & CO., COST ACCOUNTANTS (FIRM REGISTRATION NO. 000026) APPOINTED BY THE BOARD OF DIRECTORS AS COST AUDITOR TO CONDUCT THE AUDIT OF THE APPLICABLE COST RECORDS OF THE COMPANY FOR THE FINANCIAL YEAR 2023-24 AMOUNTING TO INR 2.85 LAC PLUS APPLICABLE TAXES THEREON BESIDES REIMBURSEMENT OF OUT OF POCKET EXPENSES ON ACTUALS IN CONNECTION WITH THE AUDIT, BE AND IS HEREBY RATIFIED AND CONFIRMED

The 7 asset managers below reported 828,892 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 828,892
Largest asset managers voting on “RESOLVED THAT PURSUANT TO THE PROVISIONS OF SECTION 148 AND OTHER APPLICABLE PROVISIONS, IF ANY, OF THE COMPAN” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
HARDING LOEVNER FUNDS INC686,7560 00For
JPMorgan85,1460 00For
John Hancock35,1190 00For
Jackson National20,3460 00For
Krane Shares Trust9950 00For
GPS Funds I5300 00For
FINANCIAL INVESTORS TRUST00 00--

31. Resolved that the audited consolidated financial statements of the company for the financial year ended 31ST March…

Meeting held August 29, 2023; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: RESOLVED THAT THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2023 AND THE REPORT OF THE AUDITORS THEREON, AS CIRCULATED TO THE MEMBERS, BE AND ARE HEREBY CONSIDERED AND ADOPTED

The 7 asset managers below reported 828,892 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 828,892
Largest asset managers voting on “RESOLVED THAT THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST M” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
HARDING LOEVNER FUNDS INC686,7560 00For
JPMorgan85,1460 00For
John Hancock35,1190 00For
Jackson National20,3460 00For
Krane Shares Trust9950 00For
GPS Funds I5300 00For
FINANCIAL INVESTORS TRUST00 00--

32. Resolved that the audited standalone financial statements of the company for the financial year ended 31ST March, 2023…

Meeting held August 29, 2023; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: RESOLVED THAT THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2023 AND THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREON, AS CIRCULATED TO THE MEMBERS, BE AND ARE HEREBY CONSIDERED AND ADOPTED

The 7 asset managers below reported 828,892 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 828,892
Largest asset managers voting on “RESOLVED THAT THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MAR” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
HARDING LOEVNER FUNDS INC686,7560 00For
JPMorgan85,1460 00For
John Hancock35,1190 00For
Jackson National20,3460 00For
Krane Shares Trust9950 00For
GPS Funds I5300 00For
FINANCIAL INVESTORS TRUST00 00--

33. Approve Payment of Fees to Cost Auditors

No official resultsAUDIT-RELATED

Meeting held August 29, 2023; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 397,506 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 397,506
Largest asset managers voting on “Approve Payment of Fees to Cost Auditors” at MARUTI SUZUKI INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab290,3740 00For
Russell Investments70,0520 00For
SEI20,1980 00For
Transamerica11,7520 00For
Vanguard5,0680 00For
Federated Hermes620 00For

Showing the 33 reported items with the widest manager coverage, of 35 in total. Every item is in the interactive database (link above).

Largest MARUTI SUZUKI INDIA LTD. shareholders voting in 2023-2024

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top MARUTI SUZUKI INDIA LTD. shareholders by shares voted on “Accept Consolidated Financial Statements and Statutory Reports”, 2023-2024
#Asset manager Shares voted
1Vanguard 3,967,474
2Capital Group 3,803,965
3BlackRock 3,512,725
4Fidelity 1,596,714
5T. Rowe Price 467,129
6Calvert 448,514
7Legg Mason 444,185
8MATTHEWS INTERNATIONAL FUNDS 261,070
9TIAA 259,821
10Aberdeen 257,939
Institutional-manager reports: top MARUTI SUZUKI INDIA LTD. shareholders by shares voted on “Accept Consolidated Financial Statements and Statutory Reports”, 2023-2024
#Asset manager Shares voted
1RWC Asset Management LLP 19,628,300
2RWC ASSET ADVISORS (US) LLC 608,487

Shown as share counts, not percentages: no shares-outstanding figure has been matched to MARUTI SUZUKI INDIA LTD. for the 2023-2024 season, so there is no denominator to divide by.

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Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

MARUTI SUZUKI INDIA LTD. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.

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proxyvotesnow.com, “MARUTI SUZUKI INDIA LTD. 2023-2024 Shareholder Meetings: Vote Results”, https://proxyvotesnow.com/company/maruti-suzuki-india-ltd/2024 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.