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Suzlon Energy Allots 1.25 Million Shares Under ESOP 2022

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Suzlon Energy Allots 1.25 Million Shares Under ESOP 2022

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The latest update is out from Suzlon Energy Ltd ( (IN:SUZLON) ).

Suzlon Energy Limited has announced the allotment of 1,248,000 equity shares following the exercise of stock options under their Employee Stock Option Plan 2022. This move is part of their strategy to incentivize employees and aligns with the company’s growth objectives, potentially strengthening its market position and enhancing shareholder value.

More about Suzlon Energy Ltd

Suzlon Energy Limited operates in the renewable energy sector, focusing primarily on the production and distribution of wind turbines and related services. The company is a significant player in the wind energy market, providing sustainable energy solutions globally.

Average Trading Volume: 6,783,055

Technical Sentiment Signal: Hold

Current Market Cap: 729.6B INR

For a thorough assessment of SUZLON stock, go to TipRanks’ Stock Analysis page.

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