Wind Turbine Maker Suzlon’s ₹2.4 Billion Rights Issue Oversubscribed

The issue resulted in a subscription of 4.35 billion shares

October 21, 2022

/ Gourav Mishra
/ Finance and M&A, Wind
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Indian wind turbine maker Suzlon announced raising ₹12 billion (~$145.80 million) through a rights issue of 2.4 billion partly paid-up equity shares. The issue was oversubscribed 1.8 times.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Register for free

thumbnail

Gourav Mishra

More articles from Gourav Mishra.
EquityFund closingOversubscribedRights IssueshareholdersSuzlonWind turbine manufacturer
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS