Suzlon Energy launches Rs 1,200 crore Rights Issue

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Suzlon Energy is launching its Rs 1,200 crore rights issue from October 11 to 20.

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The listing of all new shares will be on November 3rd

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The allotment date is October 31

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New shares have a face value of Rs 2, with a premium of Rs 3

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Company is raising money through the right issue (Rs 1200 Crore) to pay the debt

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Tulsi Tanti, the founder of Suzlon Group died on the 30th of September night this year.

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