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Informist, Wednesday, Jun. 11, 2025

 

NEW DELHI – The Delhi bench of the National Company Law Tribunal has approved the first motion application filed by Maruti Suzuki India Ltd. and its wholly owned subsidiary Suzuki Motor Gujarat Pvt. Ltd. for the latter's merger with the former. In doing so, the tribunal has dispensed with convening the meeting of the equity shareholders, secured creditors and unsecured creditors of both the companies for approving the merger scheme.

 

Earlier, the board of Maruti Suzuki India had approved the amalgamation of its wholly-owned subsidiary Suzuki Motor Gujarat Pvt. Ltd. with the company. The amalgamation will consolidate businesses of both companies, which will result in focused growth, operational efficiencies, and enhanced business synergies, Maruti Suzuki India had said in an exchange filing.

 

Maruti Suzuki India had said the entire paid-up capital of Suzuki Motor Gujarat will be cancelled and extinguished post amalgamation. Like Maruti Suzuki India, Suzuki Motor Gujarat is also primarily engaged in the manufacturing, purchase and sale of motor vehicles, components and spare parts. 

 

On Wednesday, the shares of Maruti Suzuki India Ltd. closed 0.5% lower at INR 12,452 on the National Stock Exchange.  End

 

Reported by Surya Tripathi

Edited by Deepshikha Bhardwaj

 

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