Suzlon Energy Limited (SUZLON) — Corporate Action

· NSE 🔴 High Importance Neutral
📢 Key Event
Allotment of 48,88,696 shares under ESOP 2022 approved by board.
🔄 What Changed
Paid-up capital increased to Rs.2748.56 crores; total shares rose to 1374.28 crores.
💡 Investor Takeaway
Shareholders will see dilution from the new employee share allotment.

Suzlon Energy announced the allotment of 48,88,696 fully paid-up equity shares of Rs.2 face value each, aggregating to Rs.17.51 crores, to employees under ESOP 2022 on 20 June 2026. This increased the paid-up capital to Rs.2748.56 crores across 1374.28 crores shares. The shares were issued at a premium, with proceeds realised from option exercises totalling Rs.17.51 crores.

📄 View Original Announcement (PDF)

About Suzlon Energy Limited (SUZLON)

Capital Goods · Electrical Equipment · Listed on NSE

Market Cap: ₹73,843.12 Cr P/E: 64.1

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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