India's Suzlon Energy drops after warning letter from BSE, NSE

Suzlon Energy

03/10/2024 10:41

** Shares of Suzlon Energy  SUZL.NS  down an exchange-
allowed maximum of 5% to 75.75 rupees, marking its biggest
intraday drop since June 10 
    ** Co received warning letter from stock exchanges NSE and
BSE citing non-compliance with listing regulations following
resignation of an independent director
    ** Renewable energy firm stock drops for sixth straight
session, falling 9.6%
    ** Still, SUZL has nearly doubled (up 98%) in 2024, set to
post gains for fifth straight year  

 (Reporting by Nishit Navin)
 ((nishit.navin@thomsonreuters.com;))