On the other side of the trade were promoter entities, including Tanti Holdings Pvt Ltd and Vinod Tanti (Chairperson & MD of Suzlon Energy), who offloaded an equal number of shares at the same price.
Following the transaction, the promoter stake in the company dropped from 13.25% to 11.8%.
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Suzlon, a key player in India’s wind energy segment, has remained resilient despite past financial stress. The latest stake sale is seen as part of a broader effort by the Tanti family to manage debt and enhance liquidity.
Market participants noted that while the 2.9% discount to the floor price was modest, the deal size highlights strong investor interest in India’s renewable energy sector. The 180-day lock-in clause tied to such block deals is expected to ensure price stability in the near term.
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Suzlon Energy reported a 365% year-on-year (YoY) jump in consolidated net profit for Q4FY25 at Rs 1,182 crore, up from Rs 254 crore a year ago.Revenue from operations rose 73% YoY to Rs 3,773 crore, compared to Rs 2,179 crore in Q4FY24. Sequentially, profit after tax surged 205% from Rs 387 crore in Q3FY25, while revenue grew 27% from Rs 2,969 crore in the previous quarter.
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Suzlon Energy shares closed at Rs 67.1 in the previous session, up 0.6% on the BSE, while the benchmark Sensex rose 0.31%. The stock is up 28% in the past month and 380% over the past two years, with a market capitalisation of Rs 91,807 crore.
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