Prime Highlights
- Maruti Suzuki India Limited (MSIL) has officially completed the merger of Suzuki Motor Gujarat Private Limited (SMG) effective December 1.
- The company has introduced a new main-object clause in its MoA to offer technical support and specialised after-sales services in India and overseas.
Key Facts
- MSIL raised its authorised share capital by ₹15,000 crore, bringing the total to ₹1,68,755 crore, divided into 33,751,000,000 equity shares of ₹5 each.
- Following the announcement, Maruti Suzuki’s share price edged up 0.15% to ₹15,917.25 on the Bombay Stock Exchange.
Background
Maruti Suzuki India Limited (MSIL) announced on Monday that the merger of Suzuki Motor Gujarat Private Limited (SMG) with the parent company has officially taken effect as of December 1. The announcement follows the company’s regulatory filing where it confirmed that it has submitted the certified copy of the National Company Law Tribunal (NCLT) order approving the merger to the Registrar of Companies (RoC), Delhi.
The NCLT had already approved the merger with April 1, 2025, as the start date. With the latest filing, MSIL said it has now completed the merger, and SMG is fully merged into Maruti Suzuki India.
As part of the merger, MSIL has made key changes to its Memorandum of Association (MoA). The company has raised its authorised share capital by ₹15,000 crore, pushing the total to ₹1,68,755 crore. This authorised capital is now divided into 33,751,000,000 equity shares with a face value of ₹5 each. The updated rights and conditions for these shares have been specified under the company’s Articles of Association.
Maruti Suzuki has also added a new main-object clause to its MoA. This clause allows the company to offer technical support and specialised after-sales services to customers both in India and overseas. The addition signals the company’s plan to strengthen its service capabilities as it expands production and operations after the merger.
The automaker has requested authorities to take note of all changes. Following the announcement, Maruti Suzuki’s share price traded slightly higher at ₹15,917.25 on the Bombay Stock Exchange, marking a 0.15% rise during the session.