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Three Japanese directors resign from Maruti after poor Q1 results

Kazunari Yamaguchi, Kazuhiko Ayabe, and Toshiaki Hasuike have resigned from the board of the company with effect from July 26

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Arindam Majumder New Delhi
India’s largest carmaker Maruti saw director-level changes after reporting one of its worst results in history.

Business Standard could not ascertain if these changes were due to the company’s June quarter performance.  

Kazunari Yamaguchi, Kazuhiko Ayabe, and Toshiaki Hasuike have resigned from the board of the company with effect from July 26, the company informed the BSE in regulatory filing. The board appointed Hisashi Takeuchi director to fill Kazuhiko Ayabe’s position.

Takeuchi is a graduate from the Faculty of Economics, Yokohama National University. He joined Suzuki Motor Corporation (SMC) in April 1986 and worked as director (Marketing & Sales), Suzuki Australia, deputy managing