Suzlon Energy allots shares under employee stock option plan

Suzlon Energy Limited, in a circular resolution passed on November 12, 2025, approved the allotment of 1,925,750 fully paid-up equity shares. These shares, each with a face value of Rs.2/-, were issued under the Employee Stock Option Plan 2022 (ESOP 2022) for cash at a premium in dematerialised form.

The allotment comprises two grants: Grant 1 (dated May 22, 2023) saw 1,120,750 options exercised at an exercise price of Rs.5/- (including a Rs.3/- premium). Grant 2 (dated May 23, 2024) involved 805,000 options exercised at an exercise price of Rs.30/- (including a Rs.28/- premium). The total shares arising from the exercise are 1,925,750.

Following this allotment, the paid-up capital of Suzlon Energy Limited stands at Rs.2,742,34,81,018/-, divided into 1,371,17,40,509 fully paid-up equity shares, each retaining a face value of Rs.2/-. This transaction complies with Regulation 30 of the SEBI Listing Regulations and the SEBI Share Based Employee Benefits and Sweat Equity Regulations, 2021.