Mumbai: Maruti Udyog Ltd has got regulatory approval to change its name to Maruti Suzuki India Ltd.

In a filing to the BSE, Maruti Udyog stated that the registrar of companies sanctioned the name change on Monday (September 17).

The company’s directors had okayed ‘Maruti Suzuki India Ltd’ as its new name in July, whereas the stockholders gave their permission at the Annual General Conference on September 6.

The company has said that ‘Maruti’ continues to have the predominant place in the new name as it is one of the most substantial corporate brand names in the nation, in terms of awareness, recall, faith and customer care, whereas ‘Suzuki’ adds up an international dimension. ‘India’ in the corporate name, conveys the location of the company and its facilities and also distinguishes the rising significance of the country all-through the world.

In early trading, the company’s shares traded at Rs 876.55, up 0.24 per cent on the Bombay Stock Exchange (BSE).