Suzlon Energy allots shares under ESOP 2022, raises Rs.1.42 crore

Suzlon Energy Limited, in an announcement dated December 5, 2025, informed the National Stock Exchange of India and BSE Limited of the allotment of 590,000 fully paid-up equity shares. These shares, with a face value of Rs.2/- each, were issued pursuant to the exercise of stock options under the Employee Stock Option Plan 2022 (ESOP 2022). The allotment, approved by the Securities Issue Committee on December 5, 2025, generated a total of Rs.1,42,00,000/- for the company.

The allotment was made to eligible employees and subsidiaries, with options exercised across three grants. The first grant, dated May 22, 2023, saw 20,000 options exercised at an exercise price of Rs.5.00, including a Rs.3.00 premium. The second and third grants, both on May 23, 2024, involved 70,000 options at Rs.30.00 (Rs.28.00 premium) and 500,000 options at Rs.24.00 (Rs.22.00 premium) respectively.

Following this allotment, Suzlon Energy's paid-up capital stands at Rs.2742,46,61,018/-, representing 1371,23,30,509 fully paid-up equity shares. The company highlighted that these details are provided in compliance with Regulation 30 of the SEBI Listing Regulations and the SEBI Share Based Employee Benefits and Sweat Equity Regulations, 2021.