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SUZLON ENERGY LTD. - Outcome of Board Meeting
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14 Feb 2015
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:&lt;BR&gt;&lt;BR&gt;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 &amp; Associates;&lt;BR&gt;&lt;BR&gt;2. Divestment in SE Forge Limited, a wholly owned subsidiary of the Company; and&lt;BR&gt;&lt;BR&gt;3. To conduct a Postal Ballot for seeking approval of members for various matters.
View all announcements for SUZLON ENERGY LTD. Source: BSE India