The stock has hit a high of Rs 27 and a low of Rs 26.
Suzlon Energy Ltd has announced that it has received shareholders and CDR EG (Empowered Group) approval for Senvion sale and issue of upto 100 Crores equity shares on preferential basis.
Speaking on the occasion, Tulsi R. Tanti, Chairman, Suzlon Group said: “We thank our shareholders and lenders for their confidence, trust and faith in the strategic vision of Suzlon. I am confident the bold decisions taken in the recent past by the company will pave the way for Suzlon’s resurgence. I wish to reiterate that these initiatives are in the interest of all stakeholders and aligned to our endeavour of creating maximum shareholder value. We will capitalize on our technological prowess, sustained market leadership of 18 years and best-in-class services to tap the immense growth opportunities in our home market, USA and other emerging economies. ”
Speaking on the occasion, Tulsi R. Tanti, Chairman, Suzlon Group said: “We thank our shareholders and lenders for their confidence, trust and faith in the strategic vision of Suzlon. I am confident the bold decisions taken in the recent past by the company will pave the way for Suzlon’s resurgence. I wish to reiterate that these initiatives are in the interest of all stakeholders and aligned to our endeavour of creating maximum shareholder value. We will capitalize on our technological prowess, sustained market leadership of 18 years and best-in-class services to tap the immense growth opportunities in our home market, USA and other emerging economies. ”
The stock is down 1% at Rs 96.
The stock has hit a high of Rs 27 and a low of Rs 26.
Total traded quantity on the counter stood at over 44.50 lk shares.
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