The Board of Suzlon Energy at its meeting held on 20 May 2021 has approved allotment of 2,36,47,562 equity shares of face value of Rs 2 each on conversion of 2542 USD denominated convertible bonds due 2032 have face value of USD 320 each which after capitalising interest @ 2.75% per annum accrued on half yearly basis on the Bonds is aggregating to USD 824,624, at a conversion price of Rs.2.61
per equity share with a fixed rate of exchange on conversion of Rs.74.8464 to USD 1.00.
Post aforesaid allotment, the paid-up capital of the Company is Rs.1768,85,21,134 divided into 884,42,60,567 equity shares of Rs.2 each.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
