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Suzlon Energy
BSE: 532667NSE: SUZLONISIN: INE040H01021

14th-Feb-2015 12:26Source: NSE

Suzlon Energy Limited

Suzlon Energy Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on February 13, 2015 has inter alia approved the following: (1) Issuance of up to 100 Crores equity shares of the Company on preferential basis in terms of Chapter VII - "Preferential Issue" of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 to Dilip Shanghvi family & Associates; (2). Divestment in SE Forge Limited, a wholly owned subsidiary of the Company; and (3). To conduct a Postal Ballot for seeking approval of members for various matters.

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