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Suzlon Energy has approved allotment of 79.70 lakh shares on conversion of 2,046 foreign currency convertible bonds, maturing in July 2019, at ₹15.46 each. The conversion rate for the equity share allotment is ₹60.225 per dollar. Following the allotment, the paid-up capital of the company has increased to ₹1,038.41 crore. Shares of Suzlon Energy were down 1.4 per cent at ₹18.10 on the BSE.
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