Suzlon Energy Block Deal: Promoters Tanti Family & Trust to download 20 crore shares worth £ 1.295 crore | Einsmark news

Suzlon Energy Block Deal: Suzlon Energy is likely to report a massive block agreement in the coming week, with its promoters, Tanti Family & Trust, looking for as much as 20 crore shares worth £ 1.295. According to CNBC Awaaz, the promoters are looking at a fundraiser of nearly £ 1,300 crore via the cross agreement. The Suzlon Group’s major for renewable energy is expected to carry out the block agreement with its shares that are likely to be offered at a discount of up to three percent to the current market price (CMP). According to CNBC Awaaz, shares will be loaded at a floor price of £ 64.75 per equity share with a 2.9 percent discount to the CMP. Livemint was unable to verify the details of the report independently. Domestic brokers Motilal Oswal is apparently the only broker for the transaction. However, Suzlon Energy has not yet issued an official notice or explanation of the cross agreement so far. According to the report, the locking period is 180 days after the cross agreement for further sale. Suzlon Energy Q4 Results The provider of Wind Energy Solutions, Suzlon Energy, announced its results from January to March on May 29, 2025. The company reported a 365 percent jump in its net profit to £ 1.181 for the fourth quarter of the 2024-25 fiscal year, compared to an annual basis (yoy) with £ 254 in the same period in the same period. However, Suzlon’s profit support was due to a deferred tax profit of £ 601, which inflated the most important point. Apart from the deferred tax profit, core operations also beat 73 percent to £ 3.774 in the fourth quarter, compared to an annual basis. The net cash position of the renewable energy business also improved to £ 1.943 crore from the quarter ended March 2025, compared to £ 836 in the third quarter of the financial year finished 2024-25. Suzlon Energy share price Trend Suzlon Energy shares have given stock market investors’ multibagger returns, which have risen by more than 1,900 percent over the past five years, and 34.19 percent in the past one year. On a year-to-date (YTD) basis, the shares rose by 2.5 percent in 2025, and a 22.41 percent increase in the one-month period. The shares closed a flat, 0.07 percent lower at £ 66.74 after Friday’s stock market, compared to £ 66.79 on the previous stock market, according to data collected on the BSE website. The shares of the renewable energy solution supplier hit their high levels of 52 weeks at £ 86.04 on September 12, 2024, while the 52-week low level was at £ 46 on April 7, 2025. The company’s market cap was at £ 91,260.63 crore from the stock market which was only on June 7, 2025. The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions.