Suzlon Energy Ltd · NSE:SUZLON
Suzlon Energy — Merger or Acquisition (May 2024)
9 slides from Suzlon Energy's merger presentation, May 2, 2024
Slide 1: Cover letter to stock exchanges on board meeting outcome
2nd May 2024. National Stock Exchange of India Limited, BSE Limited, “Exchange Plaza”, P.J. Towers, Bandra-Kurla Complex, Bandra (East), Dalal Street, Mumbai-400051. Mumbai-400001. Dear Sirs, Sub.: Outcome of the Board Meeting dated 2nd May 2024. Ref.: Securities and Exchange Board of India (Listing
Slide 2: Update on Group Restructuring
Suzlon Energy Limited Update on Group Restructuring 2nd May 2024 Suvarda Wind Farm, Gujarat, India 1
Slide 3: Disclaimer
Disclaimer The following slides are merely for the ease of understanding of the subject matter. Kindly refer to the letter dated 2nd May 2024 as sent to the stock exchanges for details and disclosures in terms of SEBI Listing Regulations. In case of any ambiguity, contents as stated in the said lett
Slide 4: Context: Update on Group Restructuring
Context: Update on Group Restructuring Areas of proposed restructuring Rationale for the proposed restructuring Board decision to implement restructuring and set- Simplified Group structure to further off/reclassification of reserves as below: ✓ improve transparency 1 Approval for scheme of merger o
Slide 5: Merger of SGSL business into SEL
1 Merger of SGSL business into SEL Relevant extract of existing structure Relevant extract of proposed structure post restructuring SEL SEL WTG O&M 1.Merger WTG O&M Manufacturing Services Manufacturing Services 100% SGSL Project O&M Execution Services 100% 100% 100% Project SGWPL SGWPL SPVs Land Lan
Slide 6: Consolidation of various items of Reserves to Retained Earnings
2 Consolidation of various items of Reserves to Retained Earnings Relevant extract of existing balance sheet Proforma extract of balance sheet post (SEL standalone) reclassification (SEL Standalone) Other Equity as on 30 September 2023 Other Equity as on 30 September 2023 Particulars Amount (INR cr)
Slide 7: Merger of Suzlon Mauritius (SELM) into SEL
3 Merger of Suzlon Mauritius (SELM) into SEL Relevant extract of existing structure Relevant extract of proposed structure post restructuring SEL SEL Merger 100% SELM 100% 100% SWEL (UK) SWEL (UK) • Helps in reducing additional one-layer of overseas holding structure • Improves transparency and redu
Slide 8: Glossary
Glossary 1. SEL – Suzlon Energy Limited 6. SGSL – Suzlon Global Services Limited 2. SELM – Suzlon Energy Limited , Mauritius 7. SEAS –Suzlon Energy A/S, Denmark 3. SGWPL – Suzlon Gujarat Wind Park Limited 8. SWEL –Suzlon Wind Energy Limited , UK 4. OMS – Operations and Maintenance Services 9. O&M –
Slide 9: Thank You!
Thank You! Email contact for queries: investorrelations@suzlon.com Suzlon Wind Farm, Weltur, Maharashtra 8