SUZLONNSESuzlon Energy Limited· Electrical EquipmentLowNeutral
Announced Sat, 20 Jun · 11:32 IST

Suzlon allots 48.88 lakh shares under ESOP 2022

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SUZLON · price

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Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹59.29
prior close
₹59.47
base price
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AI summary

Suzlon Energy allotted 48.88 lakh equity shares under ESOP 2022 to employees upon stock option exercise. The shares, with face value of Rs 2, were issued at exercise prices ranging from Rs 5 to Rs 45, raising about Rs 17.51 crore including premium. Post-allotment, paid-up capital stands at Rs 2748.56 crore across 1374.28 crore equity shares.

Likely market impact

Minor dilution from ESOP allotment; raises about Rs 17.51 crore from employees. Negligible impact on shareholding.