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Suzlon Energy Pays Penalty for Late Groundwater NOC Application

Story Highlights
  • Suzlon Energy Limited operates in the renewable energy sector, focusing on wind energy solutions.
  • The company paid a Rs. 1 lakh penalty for late groundwater NOC application, with no material impact on operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Suzlon Energy Pays Penalty for Late Groundwater NOC Application

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Suzlon Energy Ltd ( (IN:SUZLON) ) just unveiled an update.

Suzlon Energy Limited has been penalized by the Central Ground Water Authority for the late submission of an application to obtain a No Objection Certificate for the use of groundwater. The company has paid the penalty of Rs. 1 lakh on December 4, 2025, and has stated that this penalty will not have a material impact on its financial or operational activities.

More about Suzlon Energy Ltd

Suzlon Energy Limited operates in the renewable energy sector, primarily focusing on wind energy solutions. The company is known for its wind turbine manufacturing and services, catering to a global market with a significant presence in India.

Average Trading Volume: 6,717,198

Technical Sentiment Signal: Hold

Current Market Cap: 732.6B INR

See more insights into SUZLON stock on TipRanks’ Stock Analysis page.

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