Suzlon Energy Limited has made a regulatory disclosure to the National Stock Exchange of India Limited and BSE Limited regarding the allotment of equity shares under its employee stock option plan.
The Securities Issue Committee of the Board of Directors approved the allotment via circular resolution passed on 18th September 2026. The company allotted 6,40,726 fully paid-up equity shares with a face value of ₹2 each, aggregating to ₹1,87,31,520 received in cash at a premium. The shares were allotted in dematerialized form to option grantees who are eligible employees of the company and its subsidiaries under ESOP 2022.
The allotment details are as follows:
- Grant 1 (22-05-2023): 80,000 options exercised at ₹5.00 per share (₹3.00 premium), generating ₹4,00,000, with distinctive numbers 14053830700 to 14053910700
- Grant 2 (23-05-2024): 4,09,752 options exercised at ₹30.00 per share (₹28.00 premium), generating ₹1,22,92,560, with distinctive numbers 14054471425 to 14054881177
- Grant 5 (19-05-2025): 1,50,974 options exercised at ₹40.00 per share (₹38.00 premium), generating ₹60,38,960
- Total: 6,40,726 options exercised, generating total proceeds of ₹1,87,31,520
Post-allotment, the company's paid-up capital stands at ₹2,749.25 crore (₹2749,25,54,724) divided into 1,374.63 crore (1374,62,77,362) fully paid-up equity shares of ₹2 face value each.
The disclosure is made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 read with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The document was signed by Geetanjali S. Vaidya, Company Secretary of Suzlon Energy Limited, and digitally timestamped on 18th September 2026 at 17:00:38 +05:30.