Suzlon Energy's reclassification scheme overwhelmingly approved by shareholders, creditors

Suzlon Energy Limited announced the approval of a Scheme of Arrangement for the reorganisation and reclassification of reserves. The company’s equity shareholders, in a meeting held on December 12, 2025, approved the resolution with a requisite majority. Of the 6,499,591,972 valid votes cast, 99.9966% were in favor, with 0.0034% against.

Unsecured creditors of Suzlon Energy also approved the scheme at their meeting on December 12, 2025. The total value of valid votes polled was INR 23,250,080,466, with 98.1638% in favor and 1.8362% against. Both meetings were convened as per an order from the National Company Law Tribunal, Ahmedabad Bench, dated October 30, 2025.

The scheme, governed by Sections 230, 231, 52, and 66 of the Companies Act, 2013, was facilitated through remote e-voting and e-voting during the meetings. Chirag Shah, practicing company secretary, served as the scrutinizer for both voting processes, confirming the results.