Suzlon Energy Limited has informed the Exchange regarding Allotment of 77000 Shares.
SUZLON · price
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Suzlon Energy's Securities Issue Committee approved the allotment of 77,000 fully paid-up equity shares (face value Rs.2 each) to employees who exercised stock options under the ESOP 2022 plan on 11th March 2026. The company collected Rs.5,10,000 in total, comprising 72,000 shares at Rs.5 per share (from Grant 1 dated 22-05-2023) and 5,000 shares at Rs.30 per share (from Grant 2 dated 23-05-2024). After this allotment, Suzlon's total paid-up equity capital stands at approximately Rs.2,742.94 crore, divided into about 1,371.47 crore equity shares. This is a routine employee stock option exercise and allotment disclosure.
This is a small, routine ESOP allotment with minimal dilution (0.000056% increase in share count). No material impact on shareholders or stock price is expected.