The major wind energy producer Suzlon is going to issue rights or shares at an issue price of 5 rupees.
The company is going to issue 240 crore of rights to raise 1200 crore rupees.
Promoters of Suzlon have reconfirmed their participation in the right issue.
Promoters of Suzlon coated that they will participate in the right issue to the full extent.
in the last 9 years, the company has reduced there from approximately 17,000 crores to 4000 crores.
To overcome debt burden Suzlon company issued another rights share.
company will provide five shares for every 21 shares to the shareholders at an issue price of 5 rupees.
What is the record date for Suzlon right issue
The record date for Suzlon right issue is 4 October 2022.
What is the subscription date for the Right issue of Suzlon?
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