Suzlon Energy informs about update regarding penalty

Suzlon Energy has informed that the Principal Commissioner of Customs, Chennai has passed an order upon Suzlon Global Services (since merged with Suzlon Energy) levying a cumulative penalty of Rs.9.60 Crores, the details of which are as per enclosed Annexure. The Company shall prefer an appeal against the order with the appropriate authorities in due course of time.

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