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Suzlon Energy Acquires Suzlon Foundation and Invests Rs.1 Crore in OE Business Park Pvt Ltd Becoming Subsidiaries

Suzlon Foundation acquisition completed by November 2026; OE Business Park investment to complete in Q3 FY27 securing company headquarters

Suzlon Energy Limited announces acquisition of 100% equity shares in Suzlon Foundation for Rs.10 Lakh, making it a wholly owned subsidiary. Additionally, the company plans to invest up to Rs.1 Crore in OE Business Park Private Limited, also to become its subsidiary by Q3 FY27, enhancing CSR governance and securing its corporate headquarters.

17 hours ago|SUZLON-8.81%
Suzlon Energy LimitedSUZLONFinancial Results

Suzlon Energy Limited

Financial Results

Suzlon Energy Limited approved acquisition of 100% equity shares in Suzlon Foundation for Rs.10 Lakh, making it a wholly owned subsidiary by early November 2026. The company also plans an investment of up to Rs.1 Crore in OE Business Park Private Limited to acquire approximately 99% stake, expected to complete in Q3 FY27.

The acquisition of Suzlon Foundation, a Section 8 not-for-profit company focused on CSR activities with turnover rising from Rs.4.50 Crores in FY24 to Rs.16.39 Crores in FY26, aims to enhance CSR governance and control. This acquisition is a related party transaction due to Key Management Person involvement.

OE Business Park Private Limited, incorporated in August 2024, is involved in real estate property management, holding the One Earth property which serves as Suzlon's corporate headquarters. The transaction involves a call option exercise leading to Suzlon holding approximately 99% equity through a cash subscription of around Rs.1 Crore.

No governmental or regulatory approvals are required for these acquisitions. Suzlon also revised its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information effective from 1st November 2026.

Highlights

  • Suzlon Foundation acquisition price: Rs.10 Lakh for 100% equity shares.
  • Suzlon Foundation turnover: Rs.16.39 Crores in FY26, Rs.8.51 Crores in FY25, Rs.4.50 Crores in FY24.
  • Investment in OE Business Park Pvt Ltd up to Rs.1 Crore for approximately 99% stake.
  • OE Business Park manages the One Earth corporate headquarters leased back to Suzlon.
  • Acquisitions completed by November 2026 (Suzlon Foundation) and Q3 FY27 (OE Business Park).
  • Revised Code of Fair Disclosure effective 1st November 2026.

Key Data Snapshot

Acquisition - Suzlon Foundation equity shares acquired1,00,000 shares
Acquisition cost for Suzlon FoundationRs.10,00,000
Suzlon Foundation turnover FY26Rs.16.39 Crores
Investment in OE Business Park Pvt LtdUp to Rs.1 Crore
OE Business Park equity stake to acquireApproximately 99%
Incorporation date of Suzlon Foundation27th December 2007
Incorporation date of OE Business Park Pvt Ltd9th August 2024
Expected completion of Suzlon Foundation acquisitionFirst week of November 2026
Expected completion of OE Business Park investmentQ3 FY27
Effective date of revised Fair Disclosure Code1st November 2026

What happened

  • Suzlon Energy acquired 100% equity shares of Suzlon Foundation for Rs.10 Lakh, making it a wholly owned subsidiary effective by first week of November 2026.
  • Suzlon Energy will invest up to Rs.1 Crore in OE Business Park Private Limited to acquire approximately 99% equity, expected to complete in Q3 FY27.
  • The acquisitions align with Suzlon's plans to manage its CSR activities and secure its corporate headquarters through a property holding structure.

Key details

  • Suzlon Foundation is a Section 8 not-for-profit company with CSR Registration No.CSR00003382, incorporated on 27th December 2007.
  • Suzlon Foundation's turnover increased from Rs.4.50 Crores (FY24) to Rs.16.39 Crores (FY26).
  • OE Business Park Private Limited was incorporated on 9th August 2024 and manages the One Earth property leased back to Suzlon for 5 years.
  • OE Business Park's turnover was Rs.33.8 Crores in FY25 and Rs.58.1 Crores in FY26.
  • Acquisition of Suzlon Foundation is a related party transaction due to induction of Suzlon's Key Management Person on its board; OE Business Park acquisition is not related party transaction.

Regulatory and governance context

  • No governmental or regulatory approvals are required for either acquisition.
  • Suzlon Energy revised its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information, effective 1st November 2026.
  • The revised Code is accessible on Suzlon's website for transparency and compliance with SEBI Regulations.

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Suzlon Energy Acquires Suzlon Foundation and Invests | Stockk News