Suzlon Energy share price rises 2% as promoters likely offload stocks worth ₹1,309 crore via block deal
Suzlon Energy share price surged as much as 2 per cent in Monday’s trading session to ₹68.10 apiece after reports circulated that promoters offloaded stocks worth ₹1,309 crore via block deal.
According to available data, a total of 19.81 crore shares of Suzlon Energy Ltd. were traded during the pre-market block window on Monday, June 9.
Approximately 1.43 per cent of the company’s total equity has been traded. The deal is reportedly valued at ₹1,309 crore, though the identities of the buyers and sellers involved have not yet been disclosed.
According to CNBC TV18 report, Suzlon Energy‘s promoters, the Tanti Family & Trust, are likely to offload 20 crore shares of the company via a block deal.
The floor price was set at ₹64.75…
