Maruti’s switchover to Rupee-based royalty pay to Suzuki running 2 years late

Maruti does not provide reasons for the delay. Royalty payment is computed every quarter by MSIL and shared publicly. Rupee-denominated payment formula was envisaged to escape the adverse risk of the yen-rupee fluctuations.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/maruti’s-switchover-to-rupee-based-royalty-pay-to-suzuki-running-2-years-late_14856661.html