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Suzlon Energy gets nod for allotment of 2.36 crore shares post conversion of bonds

21 May 2021 Evaluate

Suzlon Energy’s board has approved allotment of 2.36 crore equity shares following conversion of dollar denominated bonds. The board of directors at its meeting approved allotment of 2,36,47,562 equity shares of the company having face value of Rs 2 each on conversion of 2,542 dollar denominated convertible bonds due in 2032.

Suzlon Energy is a leader in wind energy in India. The company is a pioneer in providing end-to-end wind power solutions for increasing demand for wind energy over the world.

Peers
Company Name CMP
Waaree Energies 2340.75
Apar Industries 17975.00
Havells India 1051.95
Suzlon Energy 39.09
Siemens 3786.80
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