Maruti Suzuki India and Suzuki Motor Gujarat Merger Gets NCLT Nod

The National Company Law Tribunal (NCLT) has cleared the merger of Suzuki Motor Gujarat Pvt Ltd (SMG) with Maruti Suzuki India Ltd (MSIL). As per the exchange filings, the two-member Principal Bench in Delhi passed the order approving the joint petition filed by both companies and proposed the appointed date for the scheme of amalgamation on April 1, 2025.

Tribunal’s Order

The NCLT noted that the merger is in the interest of both companies, their shareholders, employees, and creditors. The bench, led by President Ramlingam Sudhakar and Member Ravindra Chaturvedi, stated there were no objections from statutory authorities. The order was passed under Sections 230 to 232 of the Companies Act, 2013.

No Objections from Authorities

According to the order, the Income Tax Department, including its Northern and Northwestern regions, along with the Official Liquidator, Ahmedabad, confirmed they had no objections. Regulatory bodies such as the RBI, SEBI, BSE, and NSE did not file any observations within the 30-day period. The tribunal noted that their silence indicated no opposition to the scheme.

Process and Dissolution

The order stated that after the merger takes effect, Suzuki Motor Gujarat will stand dissolved without undergoing the winding-up process. The company will surrender its GSTN and PAN to the concerned authorities after the certified order is filed with the Registrar of Companies.

Background and Benefits

A joint petition was initially filed before the Ahmedabad and Delhi benches before being transferred to the Principal Bench in Delhi. In their submission, both companies said the merger would lead to a simpler structure, cost efficiency, and better use of resources and facilities.

All employees of Suzuki Motor Gujarat will become employees of Maruti Suzuki India from the effective date.

Read More: Oct 2025 Auto Sales: Tata Motors, Maruti Suzuki, and M&M Shares in Focus!

Maruti Suzuki India Share Price Performance

As of November 10, 2025, 10:40 AM, Maruti Suzuki India share price stood at ₹15,491.00, a 0.078% increase from the previous close.

Conclusion

As of March 31, 2025, Suzuki Motor Corporation, Japan, holds 58.28% of the paid-up share capital of Maruti Suzuki India. The NCLT had issued the first motion order on June 10, 2025, before granting the final approval in this hearing.

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