Suzlon Energy has informed that in terms of Regulation 26(7) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (‘Takeover Regulations’), a copy of the Recommendation of the Takeover Committee of the Independent Directors of the Company in relation to the Open Offer made by the Acquirers along with PACs pursuant to Regulation 3(2) of the Takeover Regulations to the public shareholders of the Company to acquire up to 1,576,438,113 fully paid-up equity shares of Rs 2 each.
The above information is a part of company’s filings submitted to BSE.
