Suzlon Energy Rights Issue Opens Today

On Tuesday, October 11, 2022, Suzlon Energy launched a rights issue for a total of 1,200 crore.

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Under a rights issue, a company offers new equity shares to its existing shareholders.

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In addition, these existing shareholders are given the "Rights Entitlement" to purchase additional shares.

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In this case, the rights offering will end on October 20, 2022.

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New equity shares are made available to current shareholders as part of a rights issue.

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Eligible shareholders as of the record date of October 4

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2022 will receive a total of five (5) rights equity shares for every twenty-one

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