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Suzlon Energy’s promoter group pledges 1.68% stake in company

27 Dec 2011 Evaluate

Suzlon Energy’s promoter group entities - Tanti Holdings and Samanvaya Holdings - have together pledged 1.68% stake in the company in favour of IL&FS and Sicom. The two promoter group entities have pledged around three crore shares, representing 1.68% stake in the company.

Prior to this, Samanvaya held 1.07% stake in Suzlon Energy, the world’s fifth leading and India’s largest wind turbine manufacturer while that of Tanti Holdings stood at 3.17%.

Suzlon Energy is the flagship company of the dynamically growing Suzlon Group. Suzlon Energy is leader in wind energy in the India, which is world’s fifth largest wind energy market. The company now has global presence in five continents with manpower of over 13,000 people located in 14 countries.

Peers
Company Name CMP
Waaree Energies 2341.00
Apar Industries 14355.15
Havells India 1032.00
Suzlon Energy 37.40
Siemens 3250.00
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