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Suzlon Energy allots equity shares

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Capital Market

On conversion of bonds

Suzlon Energy announced that the Securities Issue Committee of the Board of Directors of the Company, at its meeting held on 20 February 2015 approves the allotment of 13,57,75,037 equity shares of Rs 2 each on conversion of 34,854 USD 546,916,000 Step-up Convertible Bonds due July 2019 worth USD 34,854,000 at a conversion price of Rs 15.46 per equity share.

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First Published: Feb 21 2015 | 10:23 AM IST

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