Suzlon to raise ₹1,200 cr via rights issue
Financial Express Mumbai|September 26, 2022
WIND ENERGY PLAYER Suzlon said on Sunday it was offering existing investors in the company five shares for 21 fully paid-up shares in bid to raise ₹1,200 crore via a rights issue.
Suzlon to raise ₹1,200 cr via rights issue

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.

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This story is from the September 26, 2022 edition of Financial Express Mumbai.

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