Suzlon Energy has informed that the Securities Issue Committee of the Board of Directors of the Company has, vide its circular resolution passed on 23rd September 2022 approved allotment of 28,42,14,474 equity shares of the Company bearing distinctive numbers from 10088872610 to 10373087083 and having a face value of Rs 2 each (the ‘Shares’) on conversion of 27,977 US$ denominated Convertible Bonds due 2032 (the ‘Bonds’) having a face value of US$ 320 each, which after capitalising interest @ 2.75% per annum accrued on half yearly basis on the Bonds is aggregating to US$ 9,455,285, in accordance with the terms and conditions of the Bonds (the ‘Conditions’) and subsequent correspondence from the Company, pursuant to the conversion notices received from the Bondholders forming part of US$ denominated Convertible Bonds due 2032.
The above information is a part of company’s filings submitted to BSE.
