Business Wednesday, May 13, 2009

Suzlon promoters sell 2 percent stake

From correspondents in Maharashtra, India, 01:00 PM IST

Wind energy major Suzlon Energy Wednesday said its promoters had sold about 30 million shares of the firm, representing two percent of the paid-up captial.

Following the sale, the promoters' holding in the company has come down to 63.82 percent, the company said in a regulatory filing.

The scrip was trading 2.97 percent below its last closing figure at Rs.78.45 around noon Wednesday.

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