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Suzlon Energy has informed that State Bank of India, the lead bank of the consortium of lenders, has, vide its letter dated 20th February 2019, have advised the Company that it has approved the resolution plan of the Company and its certain identified subsidiaries ('Resolution Plan') formulated under the Reserve Bank of India (Prudential Framework for Resolution of Stressed Assets) Directions, 2019 issued by Reserve Bank of India through its circular dated 7th June 2019 subject to certain conditions and observations.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Waaree Energies 2329.40
Apar Industries 17943.05
Havells India 1050.00
Suzlon Energy 39.01
Siemens 3770.60
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