Suzlon Energy Limited — QIP/Rights/Pref., 18-12-2024: Allotment of Securities

The Securities Issue Committee has approved the allotment of 4,32,563 equity shares under the Employee Stock Option Plan 2022, exercised at an issue price of Rs. 5 per share, totaling Rs. 21,62,815. This exercise was part of Grant 1, dated May 22, 2023, and involved eligible employees of the Company and its subsidiaries. Following this allotment, the company's paid-up capital now stands at Rs. 2,729.55 crore, with a total of 1,364.77 crore fully paid-up equity shares.