Suzlon Energy Ltd has informed BSE that the Board of Directors of the Company has approved the acquisition of the 'Tower Business Division' of Suzlon Towers and Structures Ltd. and 'Operations and Maintenance Division' of Suzlon Infrastructure Services Ltd., both are wholly owned subsidiaries of the Company, under a Composite Scheme of Arrangement, subject to receipt of all statutory and regulatory approvals. The aforesaid Arrangement will facilitate reduction in costs, product improvement, improvement in operations, maintenance and services, overall advantage from vendors and suppliers of materials and services through common procurement facilities of SEL and efficient material management. The Appointed Date fixed for this purpose is April 01, 2010. With reference to the earlier announcement dated December 06, 2010 regarding Acquisition, Suzlon Energy Ltd has now informed BSE that: 'The Board of Directors of Suzlon Energy Ltd. (the Company) vide resolution by circulation dated December 04, 2010 has approved the acquisition of the 'Tower Business Division' of Suzlon Towers and Structures Ltd. and 'Operations and Maintenance Division' of Suzlon Infrastructure Services Ltd., both are wholly owned subsidiaries of the Company, under a Composite Scheme of Arrangement, subject to receipt of all statutory and regulatory approvals. The aforesaid Arrangement will facilitate reduction in costs, product improvement, improvement in operations, maintenance and services, overall advantage from vendors and suppliers of materials and services through common procurement facilities of SEL and efficient material management. The Appointed Date fixed for this purpose is April 01, 2010.' Suzlon Energy Ltd has informed BSE that the Honourable High Court of Gujarat and Honourable High Court of judicature at Bombay have approved the Composite Scheme of Arrangement and Restructuring (De-merger And Amalgamation) ('Scheme') of the Company and its certain wholly owned subsidiaries and accordingly effective October 10, 2011: - Power Generation Division of Suzlon Towers And Structures Ltd. stands de-merged and transferred to Suzlon Engitech Ltd. - Project Execution Division of Suzlon Infrastructure Services Ltd. stands de-merged and transferred to Suzlon Gujarat Wind Park Ltd. - Suzlon Towers And Structures Ltd. stands amalgamated with the Company (after the above referred de-merger), and - Suzlon Infrastructure Services Ltd. stands amalgamated with the Company (after the above referred de-merger). All the above takes place from the appointed date i.e. April 01, 2010. (As Per BSE Announcement Website dated on 11.10.2011)