Suzlon Energy allots shares to employees under ESOP 2022

Suzlon Energy Limited, through its Securities Issue Committee, approved the allotment of 1,248,000 fully paid-up equity shares on October 11, 2025. These shares, with a face value of Rs.2/- each, were issued under the Employee Stock Option Plan 2022 ("ESOP 2022") to eligible employees and subsidiaries. The total cash realized from this exercise, including premium, amounted to Rs.1,58,15,000/-.

The allotment involved three grants: Grant 1 (dated May 22, 2023) saw 745,000 options exercised at an exercise price of Rs.5.00 (premium of Rs.3.00), realizing Rs.37,25,000. Grant 2 (dated May 23, 2024) involved 3,000 options at Rs.30.00 (premium of Rs.28.00), bringing in Rs.90,000. Grant 3 (dated May 23, 2024) accounted for 500,000 options at Rs.24.00 (premium of Rs.22.00), realizing Rs.1,20,00,000.

Following this allotment, Suzlon Energy's paid-up capital stands at Rs.2741,96,29,518/-, divided into 1370,98,14,759 fully paid-up equity shares.