Maruti Suzuki India Limited has informed the Exchange about First motion order passed by Hon ble NCLT, Principal Bench (New Delhi) in relation to the scheme of amalgamation of Suzuki Motor Gujarat Private Limited, a wholly owned subsidiary (Transferor Company), into and with Maruti Suzuki India Limited (Transferee Company)
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The NCLT Principal Bench, New Delhi, has approved the first motion application for the amalgamation of Suzuki Motor Gujarat Private Limited (SMGPL), a wholly owned subsidiary of Maruti Suzuki, into Maruti Suzuki India Limited. The appointed date for the merger is April 1, 2025. NCLT has dispensed with the need to hold meetings of equity shareholders, secured creditors, and unsecured creditors of both companies, since SMGPL is wholly owned by Maruti, no new shares will be issued, and there will be no dilution for existing Maruti shareholders. The merger aims to consolidate manufacturing operations (SMGPL runs Maruti's Gujarat plant), simplify the group structure, cut administrative duplication, and improve operational efficiencies. No CCI approval is required as the transaction is within the same group and does not change control.
This is a routine internal restructuring with no impact on shareholding, no equity dilution, and no cash outflow for shareholders. It should be largely neutral for the stock, though it may marginally improve operational efficiency over time by consolidating Gujarat-based manufacturing under the listed entity.