Suzlon Energy Limited has notified stock exchanges about a Material Price Movement (MPM) observed in its scrip on March 23, 2026, at 12:22 p.m. The company stated that despite this significant movement, management was unable to ascertain any triggering event or new information released to the mainstream media that would account for the change. This disclosure was made in compliance with mandatory listing regulations for stakeholder awareness.
Disclosure of Material Price Movement
Suzlon Energy Limited issued a formal communication to both the National Stock Exchange of India Limited and BSE Limited on 23rd March 2026, regarding unusual trading activity in its securities.
The core of the disclosure concerns a significant Material Price Movement (“MPM”) that was detected in the Suzlon Energy Limited scrip. This movement occurred specifically on 23rd March 2026 at 12:22 p.m.
Lack of Triggering Event
The company confirmed that, subsequent to observing the MPM, its internal checks were unable to identify any corresponding event or information released through the mainstream media that would typically justify such a significant fluctuation in the stock price.
Regulatory Compliance
This notification serves to inform the exchanges, their members, and the general public about the observed movement, fulfilling the company’s obligations under the relevant disclosure requirements.
The communication was finalized and attested by Geetanjali S. Vaidya, Company Secretary.
Source: BSE
