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Suzlon Energy to split equity shares

CHENNAI: Suzlon Energy is splitting an equity share of Rs. 10 each into five units of a face value of Rs. 2 a share, subject to the approval of the shareholders. The consolidated revenue has grown by 74 per cent to Rs. 3,641 crore and net profit by 68 er cent to Rs. 398 crore. The directors have also proposed the issue of equity or quasi-equity to the extent of Rs. 5,000 crore. — Corporate Reporter

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