Suzlon Energy has informed that Office of the Joint Director, Enforcement Directorate, Hyderabad has levied a penalty of Rs 20 Lacs upon the Company, in relation to delay in realisation of certain export proceeds for shipments made till FY2017, the details of which are as per the enclosed Annexure. With this, a long standing legacy matter with the Enforcement Directorate has now been concluded.
The above information is a part of company’s filings submitted to BSE.