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What Happens If Suzlon's Rights Issue Is Not Fully Subscribed?

What Happens If Suzlon's Rights Issue Is Not Fully Subscribed?

BusinessToday.In
BusinessToday.In
  • New Delhi ,
  • Oct 11, 2022,
  • Updated Oct 11, 2022, 5:58 PM IST

The rights issue of Suzlon Energy opened on Tuesday with the company eyeing a total of Rs 1,200 crore by issuing 240 crore equity shares at Rs 5 per share.

Talking about Suzlon's Rights Issue, Himanshu Mody, Group CFO says that there is "no minimum subscription threshold that the company is bound by."

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