Mumbai: Suzlon’s holding in Hansen which was bought three years earlier, has completed a secondary placement of about 236 million of depository interest at 95 pence each.
With the sale, Suzlon’s holding in Hansen has declined to 26.06 per cent from over 61 per cent.
The stock is trading at Rs 76, higher by nearly 2% on the BSE. It had opened at Rs 77, and has touched a high of Rs 78 and a low of Rs 74 thus far.
AE-Rotor Holding BV (AERH), a wholly-owned indirect subsidiary of
Suzlon Energy, which bought Hansen three years earlier, has completed
a secondary placement of about 236 million of depository interest at
95 pence each, Suzlon said in a statement.
With the sale, Suzlon’s holding in Hansen has declined to 26.06 per
cent from over 61 per cent. The sale would not result in changes in
the composition of the board in Hansen.
You must log in to post a comment.