Suzlon allots 3.46 lakh shares via ESOP exercise; paid-up capital rises to over Rs 2,749 crore
SUZLON · price
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On the reaction day the stock moved 1.3 pts less than Nifty Midcap 150 and 0.8 pts less than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Suzlon Energy has allotted 3,46,000 equity shares (face value Rs 2 each) to employees who exercised stock options under ESOP 2022, approved by the Securities Issue Committee on 21 October 2026. Three grants were exercised: 25,000 shares at Rs 5, 3,00,000 shares at Rs 30, and 21,000 shares at Rs 40, bringing in about Rs 99.65 lakh in total. Post-allotment, paid-up equity capital stands at about Rs 2,749.32 crore divided into 1,374.66 crore shares. This is a routine employee stock option disclosure.
Marginal dilution of under 0.003 percent; routine ESOP exercise with no material effect on stock or shareholders.