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Wind Turbine Maker Suzlon’s ₹2.4 Billion Rights Issue Oversubscribed

The issue resulted in a subscription of 4.35 billion shares

October 21, 2022

/ Gourav Mishra
/ Finance and M&A, Wind,
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Indian wind turbine maker Suzlon announced raising ₹12 billion (~$145.80 million) through a rights issue of 2.4 billion partly paid-up equity shares. The issue was oversubscribed 1.8 times.

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Gourav Mishra

More articles from Gourav Mishra.
EquityFund closingOversubscribedRights IssueshareholdersSuzlonWind turbine manufacturer
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