NCLT nod for Suzuki Gujarat’s merger with Suzuki India

New Delhi: The National Company Law Tribunal (NCLT) has approved the scheme of amalgamation, in which Suzuki Motor Gujarat is being merged with its parent entity, Maruti Suzuki India, the country’s largest carmaker.

A two-member bench of the Delhi-based Principal bench of NCLT has approved the joint petition filed by Suzuki Motor Gujarat Pvt Ltd (Transferor Company) and Maruti Suzuki India Ltd (Transferee Company) and proposed the appointed date for the scheme of amalgamation on April 1, 2025.

Noting that the scheme is in the interest of both petitioner companies, their shareholders, creditors, employees, and all concerned, the tribunal said there appears to be no impediment in sanctioning the present scheme.