Suzlon Energy Reports Unexplained Material Price Movement in Stock

Pune, January 28, 2025 – Suzlon Energy Limited, a leading renewable energy sector player, informed the stock exchanges of a Material Price Movement (MPM) observed in its scrip on January 27, 2025, at 10:22 AM.

Key Details​

• Observation: A significant movement in Suzlon’s stock price was detected during trading hours on January 27.
• Company Statement:
  • Suzlon stated that no event or material information was identified in the mainstream media that could have triggered the MPM.
  • The company confirmed compliance with Regulation 30(11) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by disclosing the development to stock exchanges.

Implications for Stakeholders​

This disclosure emphasizes Suzlon’s commitment to transparency and regulatory compliance. Investors and stakeholders are advised to monitor any further developments regarding the unexplained stock price movement.