All SMG employees will transition to Maruti Suzuki India upon the merger’s effective date.The National Company Law Tribunal (NCLT) has approved the merger of Suzuki Motor Gujarat Pvt Ltd (SMG) with its parent company Maruti Suzuki India Ltd (MSIL), paving the way for a full consolidation of the Japanese carmaker’s India operations under one entity, according to a report by PTI.
A two-member bench of the NCLT’s Principal Bench in Delhi, comprising President Ramlingam Sudhakar and Member Ravindra Chaturvedi, sanctioned the scheme of amalgamation on October 31, with the appointed date set as April 1, 2025. The tribunal observed that the merger was “in the interest of both petitioner companies, their shareholders, creditors, employees, and all concerned,” noting there were no objections from statutory authorities, including the Income Tax Department, RBI, Sebi, BSE, and NSE.
With the approval, SMG — the Gujarat-based subsidiary of Suzuki Motor Corporation, Japan — will stand dissolved without undergoing a winding-up process once the tribunal’s order is filed with the Registrar of Companies.
The companies had argued that the merger would simplify the group structure, eliminate duplication of administrative functions, and enhance operational synergies. It is also expected to improve manufacturing efficiency, reduce costs, and accelerate decision-making within Maruti Suzuki’s operations.
All SMG employees will transition to Maruti Suzuki India upon the merger’s effective date. Suzuki Motor Corporation currently holds 58.28 per cent of MSIL’s paid-up share capital.
The merger, first announced in July 2023, is aimed at strengthening Maruti Suzuki’s manufacturing capabilities and aligning the operations of its wholly owned Gujarat arm with its long-term growth strategy in India.
