Suzlon Energy announced allotment of equity shares

Suzlon Energy Limited announced that the Securities Issue Committee of the Board of Directors of the company approved the first and final call of Rs 2.50 on the outstanding 240 cr partly paid-up equity shares via an exchange filing at its meeting.

The shares have a face value of Rs.2/- each and a paid-up value of Rs.1/- (Rights Equity Shares), and were allotted on a right basis on October 31, 2022, in accordance with the Letter of Offer dated September 28, 2022, read with an addendum dated October 10, 2022.

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