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Creating Wealth
  9th July, 2003.

A day to remember for many an investor. A day when Maruti's dream of a radiant India took shape. Along the way, it went past a key milestone: the highest volume ever notched up by a share in its debut run.

Creating a sort of record on day one of its trading, Maruti Suzuki shares closed at Rs. 164 after recording a whopping trading volume of Rs. 850 crores at the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Its record-busting flotation saw several investors buy a share for the first time in their lives.

"Maruti is always expected to discharge a larger role, which benefits the nation and society. Whether it is in developing the Indian car industry or reviving the primary market or providing a boost to disinvestment, Maruti is called on to play a role beyond its immediate interest. That is our privilege. And, a responsibility as a leader," Mr. Jagdish Khattar, MD, Maruti Udyog told brokers, employees and merchant bankers jostling for space in the cavernous Rotunda Hall in the Mumbai Stock Exchange.

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