Suzlon Energy to trade ex-rights on Monday for its 5:21 rights issue

The issue price for the offer is fixed at Rs 5 (including a premium of Rs 3 per equity share), which is at a discount of 43% to the last trading session’s closing price of Rs 8.7. Of the Rs 5, the initial payment of Rs 2.5 per equity shares is due at the time of application, and the balance Rs 2.5 per equity share is due on subsequent call(s).