Suzlon Energy Shares Merger Update, Gets 'no Adverse Observation' From Bse, Nse

Shares of Suzlon Energy are successful attraction this Monday greeting aft nan renewable power solutions supplier received study letters from some nan National Stock Exchange (NSE) and BSE, dated July 3, 2025. The letters, issued nether Regulation 37 of nan Listing Regulations, contained ‘no adverse observations’. The support paves nan measurement for nan merger of Suzlon Energy's wholly-owned subsidiary, Suzlon Global Services Limited, pinch nan genitor company.

Suzlon Global Services Limited is an unlisted nationalist constricted institution incorporated nether nan Companies Act, 1956. It is simply a wholly owned subsidiary of Suzlon Energy, and it is engaged successful nan business of cognition and attraction of nan WTG (OMS) and different businesses. 

Suzlon Global was primitively incorporated arsenic a backstage constricted institution connected May 25, 2004, successful nan sanction and style arsenic ‘Suzlon Structures Private Limited’ nether nan provisions of nan Companies Act, 1956. 

The institution was later named Suzlon Structures Private Limited. Following a typical solution passed by shareholders astatine nan Fourth Annual General Meeting connected July 30, 2008, it was converted into a nationalist constricted institution and renamed Suzlon Structures Limited. A caller certificate of incorporation reflecting this alteration was issued by nan Registrar of Companies, Gujarat, connected September 4, 2008.

Subsequently, arsenic portion of a Scheme of Amalgamation approved successful October 2016, nan company’s sanction was changed to Suzlon Global Services Limited. The Registrar of Companies, Gujarat, issued a caller certificate of incorporation reflecting this caller sanction connected January 23, 2017.

The projected merger intends to create a stronger and much competitory entity, amended positioned to navigate nan complexities of some home and world renewable power markets.

By consolidating nan businesses of nan 2 companies, nan amalgamation is expected to thrust focused growth, amended operational efficiencies, and unlock synergies betwixt nan Wind Turbine Generator (WTG) and Operations & Maintenance Services (OMS) segments. Additionally, nan streamlined firm holding building is group to heighten nan agility of nan merged entity’s business ecosystem.

Besides, immoderate of nan Suzlon Energy customers are inclined much towards contracts pinch azygous entity, demonstrating a clear penchant for dealing pinch a azygous entity for some WTG transportation and OMS services. For immoderate customers specified arsenic PSU customers, it is simply a mandatory tender information to participate for some WTG transportation and OMS services from azygous entity. 

To callback Suzlon Energy successful October 2024  had informed banal exchanges regarding nan determination of nan its committee of board approving nan projected Scheme of Arrangement by and among nan company, its shareholders and creditors nether Sections 230 and 231 publication pinch Section 52 and Section 66 and different applicable provisions of nan Companies Act, 2013. The strategy was taxable to nan support of nan banal exchanges, and besides Securities and Exchange Board of India (SEBI), shareholders, creditors of nan company, National Company Law Tribunal, Ahmedabad Bench (NCLT) and different statutory and regulatory approvals, arsenic whitethorn beryllium required.