Suzlon Energy to raise Rs 1,200 cr via rights issue

The company will raise ₹1,200 crore through issuance of 240 crore shares with face value of ₹2 each at an issue price of ₹5 per share. The number of outstanding equity shares will increase from 1007,30,87,083 to 1247,30,87,083 after the issue (assuming full subscription).

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