News Corporate Actions Suzlon Energy Allots 77,000 Equity Shares Under Employee Stock Option Plan 2022Suzlon Energy Allots 77,000 Equity Shares Under Employee Stock Option Plan 2022
Suzlon Energy Limited allotted 77,000 equity shares under ESOP 2022 following approval by its Securities Issue Committee on 11th March 2026. The allotment, worth Rs. 5,10,000, comprised shares from two grant dates with exercise prices of Rs. 5.00 and Rs. 30.00 respectively. Post-allotment, the company's paid-up capital stands at Rs. 2742,93,65,518 with 1371,46,82,759 equity shares outstanding.
*this image is generated using AI for illustrative purposes only.
Suzlon Energy Limited has completed the allotment of 77,000 equity shares to employees under its Employee Stock Option Plan 2022, as approved by the Securities Issue Committee of the Board of Directors on 11th March 2026.
Share Allotment Details
The allotment involves 77,000 fully paid-up equity shares with a face value of Rs. 2 each, aggregating to Rs. 5,10,000. These shares were issued in dematerialized form to option grantees following the exercise of options granted to eligible employees of the company and its subsidiaries.
| Grant Details: | Grant 1 (22-05-2023) | Grant 2 (23-05-2024) | Total |
|---|---|---|---|
| Options Exercised: | 72,000 | 5,000 | 77,000 |
| Exercise Price: | Rs. 5.00 | Rs. 30.00 | - |
| Premium: | Rs. 3.00 | Rs. 28.00 | - |
| Money Realized: | Rs. 3,60,000 | Rs. 1,50,000 | Rs. 5,10,000 |
| Distinctive Numbers: | 14022799823 to 14022876822 | - | - |
Updated Capital Structure
Following this allotment, Suzlon Energy's paid-up capital has increased to Rs. 2742,93,65,518. The company's equity base now comprises 1371,46,82,759 fully paid-up equity shares, each carrying a face value of Rs. 2.
Regulatory Compliance
The allotment was conducted in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company has duly informed both the National Stock Exchange of India Limited and BSE Limited about this development.
The exercise of stock options under ESOP 2022 reflects the company's commitment to employee participation in its growth story through equity-based compensation schemes.
Historical Stock Returns for Suzlon Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.34% | +1.56% | -12.79% | -27.76% | -21.88% | +701.35% |
17
