Suzlon Energy Gains NSE, BSE Approval for Merger with Subsidiary

nergy, a leading renewable energy solutions provider, announced on Friday, July 5, 2025, that it has received ‘no adverse observations’ letters from the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) for its proposed corporate restructuring plan. This approval paves the way for the merger of its wholly-owned subsidiary, Suzlon Global Services Limited, with the parent company, marking a significant step in its financial reorganization strategy. In an exchange filing dated July 5, Suzlon confirmed that the observation letters were received on Thursday, July 3. The restructuring is part of a Scheme of Arrangement involving Suzlon Energy, its shareholders, and creditors. The scheme aims to streamline the company’s operations and strengthen its financial position.