Promoter family to offload 2.9% stake in Suzlon Energy via block deal: Report

Suzlon Energys promoters, the Tanti Family and Trust, are set to sell 20 crore shares via a Rs 1,295 crore block deal at a 2.9% discount. The deal includes a 180-day lock-in period and is seen as a strategic move to manage debt. Market experts view the transaction as a sign of sustained investor interest in Indias renewable energy sector.