Suzlon Energy Hit With ₹2.5 Million ED Fine Over Procedural FEMA Matter, No Business Impact Reported
Mumbai, March 23, 2026 — Suzlon Energy Limited has been fined ₹2.5 million (approximately $30,000) by India’s Enforcement Directorate (ED) over a procedural compliance issue under the Foreign Exchange Management Act, 1999, the company disclosed in an official statement. The penalty was imposed by the ED’s Mumbai Zonal Office-II and relates to the technical handling … Read more