Investment firm BlackRock stake in Suzlon Energy surpasses 5% level
PrintListen to this Article
0:00
0:00
Investment firm BlackRock Inc's equity holding has surpassed the five per cent level in renewable energy solution provider Suzlon Energy with the acquisition of about 24.73 lakh shares.
"The aggregate holdings of BlackRock, Inc. (on behalf of discretionary management clients) in Suzlon Energy Limited has moved above 5 per cent," a regulatory filing has said.
The filing showed that BlackRock has acquired 24,73,442 shares (0.02 per cent of total share capital) in Suzlon Energy, in addition to 68,02,13,598 shares (4.99 per cent of the total share capital) already held in the company.
After the acquisition of 24,73,442 shares on November 30, 2023, BlackRock's aggregate holding has increased to 5.01 per cent in Suzlon Energy.
Now, BlackRock holds 68,26,87,040 shares (5.01 per cent of the total shareholding) in the Suzlon Energy.
"The aggregate holdings of BlackRock, Inc. (on behalf of discretionary management clients) in Suzlon Energy Limited has moved above 5 per cent," a regulatory filing has said.
The filing showed that BlackRock has acquired 24,73,442 shares (0.02 per cent of total share capital) in Suzlon Energy, in addition to 68,02,13,598 shares (4.99 per cent of the total share capital) already held in the company.
After the acquisition of 24,73,442 shares on November 30, 2023, BlackRock's aggregate holding has increased to 5.01 per cent in Suzlon Energy.
Now, BlackRock holds 68,26,87,040 shares (5.01 per cent of the total shareholding) in the Suzlon Energy.
Category : Shares & Stock | Comments : 0 | Hits : 1094
NSE will introduce four indices from April 8 in both the cash and derivatives segments. These include Nifty Tata Group 25 per cent Cap, Nifty 500 Multicap India Manufacturing 50:30:20, Nifty 500 Mu...
Also Read -
NSE plans to extend F&O trading hours
The National Stock Exchange (NSE) is looking to increase trading hours in the equity derivatives segment in a phased manner, a move that will potentially curtail the overnight risk arising from global...
The Central Bureau of Investigation (CBI) on February 25 arrested Anand Subramanian, a former top official of the National Stock Exchange (NSE), in connection with alleged favour dolled out to certain...
Comments