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| Exchange Disseminated Time | Suzlon Energy Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 13, 2015, inter alia, has 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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