Suzlon Energy Limited — QIP/Rights/Pref., 17-10-2024: Allotment of Securities

Suzlon Energy Limited has issued 1,438,875 equity shares under its Employee Stock Option Plan 2022 (Grant 1). The shares were allotted at an exercise price of Rs. 5 each, resulting in proceeds of Rs. 71,94,375. Following this allotment, the company's total paid-up capital stands at Rs. 2,729.33 crore, comprising 1,364.67 crore fully paid-up equity shares. This announcement provides crucial updates for investors tracking the company’s corporate actions.