SUZLONNSESuzlon Energy Limited· Electrical EquipmentHighNegative
Announced Tue, 2 Jun, 2026 · 16:11 IST

Suzlon faces SEBI penalty of Rs 15.95 Cr over financial misstatement

Sebi PenaltyRegulatory & Legal View source PDFExplain this filing

SUZLON · price

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Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹54.68
prior close
₹54.52
base price
After-mkt
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AI summary

Suzlon Energy has been penalised Rs 15.95 Cr by SEBI for misstatement in financial statements across FY 2013-14 to 2017-18. The WTM order, dated 29 May 2026, overturned an earlier exoneration by the Adjudicating Officer. Total penalties across all noticees amount to about Rs 28.95 Cr, including Rs 5.75 Cr on Chairman Vinod Tanti and Rs 5.45 Cr on Girish Tanti. The company plans to appeal before the Securities Appellate Tribunal.

Likely market impact

SEBI penalty of Rs 15.95 Cr plus legal costs may pressure near-term sentiment. Company is appealing, so SAT ruling will be the next trigger.