Mumbai, June 11 -- Shares of Maruti Suzuki India shed 0.31% to Rs 12,481 on the BSE.

The upcoming outlet will be located at Property No. 20/4, Bilekahalli Village, Begur Hobli, Bannerghatta Road, a prominent and well-connected area in Bangalore. This development represents a strategic move to expand our presence in Karnataka and also meet the growing demand for reliable, value-for-money mobility solutions in urban markets.

Spanning approximately 6,000 sq. ft., the new facility will have the capacity of covered display of up to 15 vehicles on-site. The facility is expected to be ready and start operations by the end of August 2025.

Naveen Philip, Promoter and MD, Popular Vehicles and Services said, "We are excited to expand our relation...