The Suzlon Energy Rights offering date has been set, the rights offering will begin on October 11 and end on October 20, 2022. The record date for the Suzlon Energy Rights authorization is October 4, 2022. The company plans to issue 24 million equity shares at a price of 5 per share. Suzlon Energy Rights will be worth 1200 crores. The entitlement ratio is 5:21, which means that 5 rights shares are awarded for every 21 fully-paid equity shares held on the record date. Details about the Suzlon Energy rights issue can be found here.
Suzlon Energy Limited is India’s largest provider of renewable energy solutions. They provide customers with a 360-degree complete solution package that extends the entire spectrum of wind energy projects. They have a presence in 17 countries throughout Asia, Australia, Europe, Africa, and the Americas, and have over 1900 customers worldwide. Turnkey Project Services, Supply Chain Management, Solar Energy Solutions, Quality Management, and other services are available.
Suzlon Energy Rights Issue 2022 Dates & Time Table
|Rights Issue Open:||October 11, 2022|
|Rights Issue Close:||October 20, 2022|
|Rights Record Date:||October 4, 2022|
|Deemed Date of Allotment||October 31, 2022|
|Renunciation of Rights Entitlements||October 14, 2022|
Suzlon Energy Rights Issue Subscription Details
- As on 20 October, Suzlon Energy’s Rs 1,200-crore rights issue oversubscribed by 1.8 times
Suzlon Energy Rights Issue Review
- Avoid / Risky
Suzlon Energy Rights Issue 2022 Offer Details
|Rights Issue Size:||Approx ₹1200 Crores|
|Price Band:||₹5 Per Equity Share|
|Face Value:||₹2 Per Equity Share|
|Listing on:||BSE, NSE|
|Entitlement Ratio:||5:21 (5 rights share for every 21 shares)|
|Equity:||2,400,000,000 Equity Share|
|Letter of Offer:||Click Here|
|Application Form:||Click Here|
|Live Share Price:||Click Here|
Suzlon Energy Rights Issue 2022 Form & How to Apply
How can the Suzlon Energy Rights issue be handled? You can apply for the Suzlon Energy Rights issue by downloading blank forms from the NSE and BSE websites and sending them to your bank or broker. You can apply online using ASBA or UPI and your Demat account information.
Suzlon Energy Financial Report
|(₹ in Crores)|
Suzlon Energy Rights Issue 2022 Lead Managers
- Inga Ventures Pvt Ltd
Suzlon Energy Rights Issue 2022 FAQs:
Q1. When is Suzlon Energy Rights Issue 2022 Record Date?
Ans. Suzlon Energy Rights Issue 2022 record date is October 4, 2022.
Q2. What is Suzlon Energy Rights Issue 2022 Price?
Ans. The company has fixed the price at ₹5 per equity share.
Q3. What is the Suzlon Energy Rights Issue 2022 Ratio?
Ans. The company has fixed the ratio (5:21), 5 Rights Equity Share for every 21 Equity Shares as on record date.
Q4. How to apply for Suzlon Energy Rights Rights Issue 2022?
Ans. As per the record date you need to have Suzlon Energy Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.