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Suzlon Energy allots 7.85 crore equity shares on conversion of bonds

Capital Market 

Suzlon Energy has allotted 7,85,88,145 equity shares of the Company on conversion of 8,564 U.

S.$ denominated Convertible Bonds due 2032 having a face value of USD 320 each at a conversion price of Rs.2.61 per equity share with a fixed rate of exchange on conversion of Rs.74.8464 to USD 1.00.

Post aforesaid allotment, the paid-up capital of the Company is Rs.1660,82,22,396 divided into 830,41,11,198 equity shares of Rs.2 each.

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

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First Published: Mon, October 12 2020. 18:35 IST
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