Suzlon Group, the world’s fifth largest wind power company, has completed the ‘squeeze-out’ process of REpower Systems SE with the resolution being entered into the commercial register. By the registration of the 'squeeze-out' resolution with the commercial register, all shares of the minority shareholders of REpower Systems SE have been transferred to AE-Rotor Holding B.V. as a matter of law.
The stock exchange delisting of the shares of REpower Systems SE are expected to proceed in due course. The stock exchange trading taking place until such termination is a trade with the cash compensation rights of the minority shareholders only.
The resolution of the annual general meeting of REpower Systems SE held on 21 September 2011, on the transfer of the shares of the minority shareholders of REpower to Suzlon-subsidiary AE-Rotor Holding B.V. as main shareholder against a cash compensation of Euro 142.77 per ordinary bearer share without par value, was entered in the commercial register on 27 October 2011.
The Suzlon Group is ranked as the world’s fifth largest wind turbine supplier, in terms of cumulative installed capacity, at the end of 2010. The company’s global spread extends across Asia, Australia, Europe, Africa and North and South America with over 18,000 MW of wind energy capacity installed in 28 countries, operations across 32 countries and a workforce of over 13,000.
Suzlon Energy is the flagship company of the dynamically growing SUZLON Group. The company is leader in wind energy in the India, which is world’s fifth largest wind energy market. The company, which was established in 1995, now has global presence in five continents with manpower of over 13,000 people located in 14 countries. Its business model has range of services that include development, manufacturing, marketing, EPC project delivery & operations and maintenance of wind turbine generators around the world.
| Company Name | CMP |
|---|---|
| Havells India | 1665.80 |
| Siemens | 6707.05 |
| Apar Inds | 9919.55 |
| Waaree Energies | 2857.00 |
| ABB India | 6957.45 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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