At meeting held on 11 March 2021
The Board of Suzlon Energy at its meeting held on 11 March 2021 has approved the allotment of 5,87,28,240 equity shares of Rs 2 each on conversion of 6313 USD denominated convertible bonds due 2032 having face value of USD 320 each (which after capitalizing interest @2.75% per annum on half yearly basis on bonds is aggregating to USD 2,047,937) at a conversion price of Rs 2.61 per equity share with a fixed rate of exchange on conversion of Rs.74.8464 to US$ 1.00 in terms of the Consent Solicitation and Information Memorandum dated 26 March 2020 as supplemented on 31 March 2020 and 2 April 2020, pursuant to the conversion notice(s) received from Bondholder(s) forming part of USD denominated convertible bonds due 2032.Post aforesaid allotment, the paid-up capital of the Company is Rs.1701,60,25,546 divided into 850,80,12,773 equity shares of Rs.2/- each.
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