MoneyWorks4Me

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.

Peers
Company Name CMP
Waaree Energies 2342.90
Apar Industries 17648.65
Havells India 1040.60
Suzlon Energy 38.96
Siemens 3790.00
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