Suzlon Energy Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
SUZLON · price
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Suzlon Energy has completed the merger of its wholly owned subsidiary, Suzlon Global Services Limited (SGSL), into itself through a scheme of amalgamation under Sections 230-232 of the Companies Act, 2013. The NCLT Ahmedabad Bench approved the scheme, and the certified copy was filed with the Registrar of Companies, Gujarat on 10th May 2025, making the scheme effective from the appointed date of 15th August 2024. The Main Object Clause of the MOA has been expanded with five new clauses covering renewable energy manufacturing, engineering products, operation and maintenance of power projects, independent power production, and power evacuation/transmission/distribution. The authorized share capital of SGSL has been merged into Suzlon Energy's capital, taking the total authorized share capital to Rs. 21,053 crore divided into 10,526.5 crore equity shares of Rs. 2 each.
This is a purely internal restructuring with no impact on public shareholders, since SGSL was a wholly owned subsidiary and no new shares are being issued to outside parties. The broader MOA objects give Suzlon wider operational flexibility across the full renewable energy value chain going forward.