MoneyWorks4Me

Suzlon Energy informs about restructuring of step-down subsidiaries

15 Feb 2025 Evaluate
Suzlon Energy has informed that Suzlon Energy B.V. (SEBV), The Netherlands and SE Blades Technology B.V. (SBT), The Netherlands (SEBV and SBT are hereinafter collectively referred to as the ‘Transferor Companies), the wholly owned subsidiaries of AE Rotor Holdings B.V. (AERH or the ‘Transferee Company), The Netherlands, a step down wholly owned subsidiary of Suzlon Energy (the Company or SEL) have merged into AERH with effective from 14th February 2025. The brief details as are required to be disclosed under the Listing Regulations have been provided in enclosed Annexure.  

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
View more..