The Tanti Family plans to sell a 2.9% stake in Suzlon Energy through a block deal priced at Rs 64.75 per share, totaling Rs 1,295 crore. This move includes a 180-day lock-in period. Motilal Oswal is the broker for the transaction, which aims to manage debt and ensure liquidity for the renewable energy company.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets