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Suzlon Energy informs about allotment of equity shares

13 Sep 2024 Evaluate
Suzlon Energy has informed that the Securities Issue Committee of the Board of Directors of the Company, by way of circular resolution passed on 13th September 2024, has approved allotment of 47,28,750 (Forty Seven Lacs Twenty Eight Thousand Seven Hundred Fifty) equity shares of the Company having a face value of Rs.2 (Rupees Two Only) each for cash at an exercise price of Rs.5 (Rupees Five Only) per equity share,. at a premium of Rs.3 (Rupees Three Only) per equity share, aggregating to Rs.2,36,43,750 (Rupees Two Crores Thirty Six Lacs Forty Three Thousand Seven Hundred Fifty Only) in dematerialised form bearing distinctive numbers from 13948696135 to 13953424884 to the option grantees, pursuant to exercise of the options granted to the eligible employees of the Company and its subsidiaries as part of Grant 1 under ESOP 2022.

The above information is a part of company’s filings submitted to BSE.

SUZLONPP Share Price

5.52 0.00 (0.00%)
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Company Name CMP
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