Suzlon Energy has received an approval for issuance of redeemable non-convertible debentures / non-equity linked instruments in one or more tranches to an extent of Rs 900 crore on private placement basis for replacement of existing debt. The Board of Directors of the company at their meeting held on May 30, 2018, approved the same.
The Board has also given approval for issuance of equity shares / equity liked instruments to an extent of Rs 2,000 crore.
Suzlon Group is one of the leading renewable energy solutions providers in the world with an international presence across 18 countries in Asia, Australia, Europe, Africa and North and South America.
