Maruti to pay dividend on September 9

New Delhi, Aug 10: Maruti Udyog Ltd today said it will pay dividend, if approved by its shareholders, on or after Septemeber 9.

The dividend has been approved by its board, and the Annual General Meeting is scheduled to be held on September 5, 2006 The car market leader's Japanese partner Suzuki Motor Corporation yesterday announced its plans to ramp up the capacity at its Indian unit, to 9,60,000 by 2009-10 from 6,30,000 this year.

Maruti earlier announced the setting up of a new plant with an initial capacity of 1,00,000 a year, which could be scaled up to 2,50,000 a year, raising the eventual capacity to 8,80,000.

UNI