ALFA Filings
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Suzlon Energy Limited received a SEBI order imposing a ₹15.95 Crore penalty for financial statement misstatements. The company plans to appeal before the Securities Appellate Tribunal.
SEBI imposed a ₹28.95 Crore penalty on Suzlon Energy and its officials for financial statement misstatements. The company plans to appeal before the Securities Appellate Tribunal.
Suzlon Energy received NCLT Ahmedabad Bench approval for its Scheme of Arrangement involving the reorganization and reclassification of reserves. Effective September 30, 2024, negative retained earnings will be adjusted against various capital and security reserves. Detailed accounting impacts will be disclosed in the audited financial statements for the year ending March 31, 2026.