Archive · 14 Aug 2025
Suzlon Shares Drop Amid Deal Clarification and CFO Resignation
Suzlon Energy's stock price went down after news about a possible deal with Tata Power.
The news mentioned a big project for wind turbines.
The company said they haven't announced anything officially yet.
They responded to a media report by stating there was nothing new to disclose at the time.
Even though the company made money in the past quarter, the stock price fell.
Also, their CFO left the company.
Suzlon Energy shares fell after exchanges sought clarification on a media report.
The report concerned a potential deal with Tata Power for wind turbines.
Suzlon stated no information required disclosure, as per SEBI regulations.
The project was reportedly part of a 7 GW plan by Tata Power and the state government.
Stock price decreased to around Rs 60, despite previous positive financial results.
- Who
- Suzlon Energy and Tata Power.
- What
- Suzlon Energy shares declined following a media report and exchange clarification requests.
- When
- Thursday, August 14th, 2025.
- Where
- Concerning a project in Andhra Pradesh.
- Why
- Due to a media report and exchange's request for clarification.
Media Reports
Suzlon's Response
Deal Information
Media Reports
Reported Rs 6,000 crore deal with Tata Power.
Suzlon's Response
Suzlon stated no information requires disclosure.
- Company
- Suzlon Energy
- Stock Price
- Rs 60
- Market Cap
- Rs 82,200 crore
- Reported Deal Value
- Rs 6,000 crore
- CFO
- Himanshu Mody
- Net Profit (June 2025)
- Rs 324.3 crore
