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Suzlon Energy allots equity shares

Capital Market 

To FCCB holders

The Board of has approved the allotment of 2, 89, 74,999 equity of Rs 2 each on conversion of 7,438 USD 546,916,000 Step-up Convertible Bonds due July 2019 of USD 1,000 each at a conversion price of Rs.15.46 per equity share with a fixed rate of exchange on conversion of Rs.60.225 to USD 1.00.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, August 12 2017. 16:30 IST