Suzlon Energy allots shares under employee stock option plan
Suzlon Energy Limited's Securities Issue Committee, via a circular resolution dated September 10, 2025, approved the allotment of 2,237,250 fully paid-up equity shares. These shares, with a face value of Rs.2/- each, were issued to eligible employees who exercised their options under the Employee Stock Option Plan 2022 (ESOP 2022). The total value realised from these exercises, including premiums, amounts to Rs.2,29,36,250/-.
The allotment involved two grants: 1,767,250 shares from Grant 1 (dated May 22, 2023) at an exercise price of Rs.5.00, and 470,000 shares from Grant 2 (dated May 23, 2024) at an exercise price of Rs.30.00.
Following this allotment, the paid-up capital of Suzlon Energy Limited now stands at Rs.2741,71,33,518/-, representing 1,370,85,66,759 fully paid-up equity shares, each with a face value of Rs.2/-. This information was disclosed in compliance with Regulation 30 of the SEBI Listing Regulations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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