Suzlon Energy Limited — Others, 10-01-2025: ESOP/ESOS/ESPS
10-01-2025 | 03:37 pm
10-01-2025 | 03:37 pm
Suzlon Energy has announced a board meeting regarding the allotment of 2,50,000 equity shares following the exercise of stock options under its Employee Stock Option Plan 2022. The shares have a face value of Rs. 2 each and were allotted at an exercise price of Rs. 5 per share, raising a total of Rs. 12.5 lakh. Following this allotment, the company's paid-up capital increases to approximately Rs. 2729.6 crore. This move may bolster employee morale and retention while enhancing liquidity for the company, potentially creating a positive outlook for investors.
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