The decision was taken at a board meeting, the company said in a release to the exchanges.
The Suzlon stock closed at ₹9.15 on Friday on the National Stock Exchange, down 4.69% over the previous close. The stock hit a 52-week low of ₹5.90 on July 28.
This story is from the September 26, 2022 edition of Financial Express Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the September 26, 2022 edition of Financial Express Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
American Ceos Should Invest In China, Says Xi
PRESIDENT XI JINPING met with a group of American business leaders in Beijing including Blackstone Inc's Stephen Schwarzman and Qualcomm's Cristiano Amon as China is seeking to restore confidence in the economy and keep relations with the US on a stable footing.
Aadhaar May Be Used As Key Tool For Population Census
Experts say data can only be partly used
Poll ad spend to hit ₹4K cr; social media stars top draw
WITH POLITICAL PARTIES getting into the campaign mode, political advertisements across media platforms is set to rise by around 20-60% this time compared to the 2019 parliamentary elections.
No interim relief for Kejriwal, ED gets time to respond to pleas
Arrest disables him from active role, level-playing field uneven: Singhvi
Baltimore bridge collapse reverberates from cars to coal
THE 1.6 MILE-LONG bridge collapsed in a matter of seconds. The catastrophic consequences are set to stretch out for weeks.
Bonds see biggest selloff by global investors in a year
THE INDIAN RUPEE'S decline to a record low on Friday pushed foreign investors to reassess their frenzied buying of the country's assets, triggering the biggest selloff in Indian bonds in a year.
RBI eases rules on regulated entities' investment in AIFS
THE RESERVE BANK of India (RBI) on Wednesday eased its recently tightened rules that had mandated lenders (regulated entities or REs) to set aside higher provisions if they have bought into alternative investment funds (AIFS) that, in turn, invested in the lender's borrowers.
Renault-Nissan to launch four SUVs
To take on Creta, Seltos and Grand Vitara models
IPO-bound Swiggy delivers ₹5,476-cr revenue in Apr-Dec
Gross order value at ₹24,230 cr in first nine months of FY24
Amul to start fresh milk sales in more countries
Announcement likely in 2 months