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Company Profile

SUZLON ENERGY LTD.

NSE : SUZLONBSE : 532667ISIN CODE : INE040H01021Industry : Electric EquipmentHouse : Suzlon
BSE41.64-0.39 (-0.93 % )
PREV CLOSE (Rs.) 42.03
OPEN PRICE (Rs.) 41.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1427002
TODAY'S LOW / HIGH (Rs.)41.05 42.15
52 WK LOW / HIGH (Rs.)7.94 50.72
NSE41.65 -0.5 (-1.19 % )
PREV CLOSE(Rs.) 42.15
OPEN PRICE (Rs.) 42.05
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 41.65 (1367 )
VOLUME 18201395
TODAY'S LOW / HIGH(Rs.) 41.25 42.15
52 WK LOW / HIGH (Rs.)7.9 50.6

Company News

Date Heading Details
04-Apr-2024 Suzlon Energy informs about disclosure on imposition of penalty <div style="text-align: justify;">Suzlon Energy has informed that GST, Tamil Nadu has proposed a penalty upon the Company, the details of which are as per enclosed Annexure. The Company has paid the penalty and is in the process of challenging it with the appropriate authorities.&nbsp;</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
28-Mar-2024 Suzlon Energy informs about disclosure regarding imposition of penalty <p style="text-align: justify;">Suzlon Energy has informed that National Faceless Assessment Centre, Income Tax Department, has issued orders for FY 2015-16 and FY 2016-17 levying penalty in respect of disallowance of claim of depreciation on goodwill, disallowance u/s.14A and disallowance u/s.36(1)(va). The details, as required, in terms of the Listing Regulations are as per enclosed Annexure. Based upon the judicial precedents, the Company believes that the penalty proceedings should have been kept in abeyance until conclusion of the quantum appeal against disallowances. Given that the quantum appeal against subject disallowances is still pending before the Tribunal on merits, the Company also believes that the said penalty orders are premature. The Company is in the process of challenging subject penalty order before appellate / judicial forums and is confident of defending the penalty orders in view of the facts and merits of the case duly supported by favourable judicial precedents.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
23-Mar-2024 Suzlon Energy informs about disclosure <p style="text-align: justify;">In continuation to its letter dated 27th December 2023 reporting levy of penalty of Rs 1,36,05,479 upon the Company by Rajasthan GST Department on the ground that the Company has claimed excess Input Tax Credit (ITC) of GST during the FY 2017-18. Suzlon Energy has informed that on the representation by the Company, the Rajasthan GST Department has rectified its order and reduced the penalty by Rs 1,27,16,541 to Rs 8,88,938.&nbsp;</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
07-Mar-2024 Suzlon Group wins order for development of wind power project for Juniper Green Energy <p style="text-align: justify;">Suzlon Group has won new order for the development of a 72.45 MW wind power project for Juniper Green Energy. Suzlon will install 23 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each at the client's site at the Dwarka district in Gujarat.</p><p style="text-align: justify;">This order is for the company's larger rated 3.15 MW, S144-140m turbines from the 3 MW product series. As part of the agreement, Suzlon will supply the wind turbines (equipment supply) and execute the project including, erection and commissioning. Suzlon will also undertake comprehensive operations and maintenance services post-commissioning.&nbsp;&nbsp;</p><p style="text-align: justify;">Suzlon Energy is a pioneer in providing end-to-end wind power solutions for increasing demand for wind energy over the world. It has state of the art R &amp; D centers &amp; training campuses in India.</p><div style="text-align: justify;"><br></div>
07-Mar-2024 Suzlon Energy informs about press release <div style="text-align: justify;">Suzlon Energy has informed that Suzlon secures a new 72.45 MW order for the 3 MW series from Juniper Green Energy. The press release in this regard is attached.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
29-Feb-2024 Suzlon Group secures new order of 30 MW wind power project for EDF Renewables <p style="text-align: justify;">Suzlon Group has won order for the development of a 30 MW wind power project for EDF Renewables. The company will install 10 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each. The project is located in Gujarat. This is a repeat order for the company's largest turbine series, S144-140m with a rating of 3 MW.&nbsp;</p><p style="text-align: justify;">The company will execute the project with a scope of supply, supervision, erection and commissioning. Additionally, Suzlon will also undertake post-commissioning operations and maintenance services.</p><p style="text-align: justify;">Suzlon Energy is a pioneer in providing end-to-end wind power solutions for increasing demand for wind energy over the world. It has state of the art R &amp; D centers &amp; training campuses in India.</p>
29-Feb-2024 Suzlon Energy informs about press release <p style="text-align: justify;">Suzlon Energy has informed that Suzlon secures a 30 MW order for the 3 MW series from EDF Renewables. The press release in this regard is attached.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
22-Feb-2024 Suzlon Energy submits analyst meet intimation <div style="text-align: justify;">Suzlon Energy has informed that the Company representatives will attend Investors' meet / Conference scheduled to be held on 29th February 2024 as per details enclosed. The Company's IR presentation on the financials for the quarter and nine months ended 31st December 2023, as available on the website of the Company as well as on the website of the stock exchanges, would only be presented / discussed. And no other unpublished price sensitive information would be shared during the said meeting.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
13-Feb-2024 Suzlon Energy informs about credit rating <div style="text-align: justify;">Pursuant to the Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 82(4) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, Suzlon Energy has informed that it enclosed Report of the Monitoring Agency for the quarter ended 31st December 2023 issued by CRISIL Ratings, Monitoring Agency appointed to monitor the utilisation of the proceeds of the Rights Issue of the Company. And confirmed that there is no variation or deviation in the actual utilisation of the funds and hence the provisions of Regulation 32(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 are not applicable.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
12-Feb-2024 Intimation Of Appointment Of Senior Managerial Personnel ('SMP') intimation of appointment of Senior Managerial Personnel ("SMP").