NCLT approves merger scheme of Suzuki Motor Gujarat with Maruti Suzuki

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.

It further observed that the Income Tax Department, which includes their Northern Region and Northwestern Region and the Official Liquidator, Ahmedabad, have filed their no further objections before this tribunal pertaining to the scheme being considered.

Moreover, other statutory authorities such as the RBI, Sebi, BSE and NSE have neither appeared nor filed any observations/objections, and the 30-day period mentioned in the order dated July 31, 2025, has expired, the NCLT said, assuming that they have no observations/objections to the scheme of merger of Suzuki Motor Gujarat and Maruti Suzuki India.

It further said the sanctioned Scheme of 'Merger by Amalgamation' shall be binding on the transferor and transferee companies and their respective shareholders and creditors.