Wind Turbine Manufacturer Suzlon to Raise ₹12 Billion Through Rights Issue

The company will issue 2.4 billion shares at ₹5 per share

September 26, 2022

/ Arjun Joshi
/ Finance and M&A, Other, Wind
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India-based wind turbine manufacturer Suzlon Energy hopes to raise ₹12 billion (~$147.09 million) through a right issue of 2.4 billion company shares. The shares with a face value of ₹2 (~$0.025) each will be issued at ₹5 (~$0.061).

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Arjun Joshi

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