SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Suzlon Group concludes CDR package with signing of MRA

24 Apr 2013 Evaluate

Suzlon Group, the world’s fifth largest wind turbine maker, has fully implemented its CDR package with the signing of the Master Restructuring Agreement (MRA), and the preferential allotment of equity shares to its lenders. Suzlon had planned to enter into restructuring of its debt under India’s CDR mechanism in October, 2012. The package of Rs 9,500 crore amounting $1.8 billion was formally approved in January, 2013 by the company’s domestic lenders, a consortium of 19 banks.

The package covers a 10 year door-to-door back-ended repayment plan; reduction in interest rates by approximately three percent; a two year moratorium on principal and term debt interest payments; enhancement of working capital facilities, and equity allotment to the CDR lenders. The first phase of the allotment, for 30.24 crore shares at an issuance price of Rs 18.51 per-share, to CDR lenders was completed on April 23, 2013. The new shares issued will be subject to a lock-in period of one year from the date of allotment.

Suzlon Group is now focusing 100% on normalizing business operations, driving results from Project Transformation, focusing on the execution of its enviable $7 billion order-book, and delivering a healthy performance in FY2013-14.

Suzlon Group comprises of Suzlon Energy and its subsidiaries, including Repower Systems SE. Suzlon Energy is leader in wind energy in the India, which is world’s fifth largest wind energy market. Its business model has range of services that include development, manufacturing, marketing, EPC project delivery and operations and maintenance of wind turbine generators around the world.

Suzlon Energy Share Price

53.92 0.28 (0.52%)
10-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1188.25
Siemens 3503.15
Apar Industries 14086.80
ABB India 6833.55
Waaree Energies 2922.10
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: