Suzlon Energy has received approval from State Bank of India (SBI) for proposed resolution plan, under which the company’s Rs 12,700 crore debt will be converted into sustainable and unsustainable debt and will be repaid over 20 years. As per the proposed plan, the lenders will have to take a haircut of 65 percent on the debt.
In the first 10 years, the company will repay sustainable debt, which is 32-35% of the total. a consortium of lenders led by SBI will hold a 10 percent stake in the company and 49 percent stake in unit Suzlon Global Services.
Suzlon Energy is a leader in wind energy in India. The company is a pioneer in providing end-to-end wind power solutions for increasing demand for wind energy over the world.
| Company Name | CMP |
|---|---|
| Havells India | 1188.25 |
| Siemens | 3503.15 |
| Apar Industries | 14086.80 |
| ABB India | 6833.55 |
| Waaree Energies | 2922.10 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: