Suzlon Energy Limited reported that a Material Price Movement (MPM) was observed in its scrip on March 2, 2026, at 9:30 a.m. Following internal review, the company confirmed that it could not ascertain any specific event or information published in the mainstream media that would account for this sudden fluctuation. This disclosure was made to the stock exchanges for the information of members and the general public.
Disclosure of Material Price Movement
Suzlon Energy Limited issued a formal communication to the National Stock Exchange of India Limited and BSE Limited regarding unusual activity in its stock. The company noted that a significant Material Price Movement (“MPM”) was identified in its scrip during trading hours on 2nd March 2026, specifically recorded at 9:30 a.m.
Company Response and Verification
In compliance with reporting requirements, the management immediately conducted a verification process. Suzlon Energy confirmed that, as of the time of the announcement, the management was unable to ascertain any triggering event or piece of information within the mainstream media that would explain the observed sharp movement in the stock price.
Forward-Looking Statement
This official notification serves to inform the exchanges, their members, and the public at large about the observed MPM and the company’s current assessment that no related material information has been disseminated publicly. The company secretary, Geetanjali S. Vaidya, confirmed the disclosure.
Source: BSE
