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| Exchange Disseminated Time | | Suzlon Energy Ltd has informed BSE that pursuant to the conversion notice received from certain holders of the USD 546,916,000 Step-up Convertible Bonds due July 2019 (the “Bonds”), the Securities Issue Committee of the Board of Directors of the Company at its meeting held on September 09, 2014 has approved the allotment of 27,03,85,303 (Twenty Seven Crores Three Lacs Eighty Five Thousand Three Hundred Three) Equity Shares of Rs. 2/- each on conversion of 69,409 (Sixty Nine Thousand Four Hundred Nine) Bonds worth USD 69,409,000, at a conversion price of Rs. 15.46 (Rupees Fifteen and Paise Forty Six Only) per Equity Share with a fixed rate of exchange on conversion of Rs. 60.225 to USD 1.00 in terms of the Information Memorandum dated June 17, 2014. |
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