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.