Suzlon Energy has received a warning letter from the National Stock Exchange for not disclosing an analyst or institutional investor meeting details on exchanges two days before having it. 

According to an exchange filing, the company conducted an analyst meeting on November 06, 2023, the disclosure for which was made on the same day. However, the provision is that the company needs to disclose the same two days ahead of having such kinds of meetings or events. “As per Regulation 30 read with sub-para 15(a) of Para A Part A of Schedule III of SEBI LODR, the listed entity shall inform schedule of analysts or institutional investors meet at least two working days in advance (excluding the date of intimation and date of meet),” read the filing.

“The aforesaid non-compliance on your part is viewed seriously. You are hereby warned and advised to be careful in future, exercise due caution and initiate corrective steps to avoid the recurrence of such laps…